...Source: Automotive News | Latest Car & Auto Stories | Reuters Transcript: According to Reuters, Stellantis and South Korea's Samsung SDI will open a second electric vehicle battery plant in Kokomo, Indiana. The factory is set to start operations in 2027 and could employ around 1,400 workers. The two companies aim to have a combined annual production capacity of 67 gigawatt hours at the Indiana site. The first joint plant is scheduled to commence production in 2025. Samsung SDI plans to invest $2.01 billion in this venture. Stellantis aims to achieve 100% electric passenger car sales in Europe and a 50% electric mix in the U.S. by 2030.
![](https://s2.save4k.org/pic/wqLmjUMKqDU/maxresdefault.jpg)