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Chicago Sun-Times
Chicago Sun-Times
National
Associated Press

Stellantis picks Kokomo, Indiana, for its second U.S. battery venture with Samsung SDI

Stellantis was formed in 2021 with the merger of Fiat Chrysler and France’s PSA Peugeot. It’s the world’s fourth-largest automaker. It plans to sell 5 million EVs by 2030. (Associated Press)

DETROIT — Jeep maker Stellantis says it will build a second electric vehicle battery factory in Kokomo, Indiana, that will create 1,400 new jobs.

The $3.2 billion joint-venture plant with South Korea’s Samsung SDI is to start production early in 2027.

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