Stellantis to Build Second Gigafactory in the US
Stellantis plans to build its second automotive battery gigafactory in the US on its way to an anticipated 25 such plants to meet expected future demand.
The automaker will build the facility in a joint venture with Samsung SDI and the pair have signed a memorandum of understanding under their existing StarPlus Energy joint venture. The location of the new facility is currently under review and further details will be announced at a later date. Targeted to start production in 2027, the plant aims to have an initial annual production capacity of 34 gawatt hours (GWh).
The announcement follows on from the companies’ statement in May 2022 that they will build a first battery manufacturing facility in Kokomo, Indiana, US. Scheduled to launch in the first quarter of 2025, the plant will have an annual production of 33 GWh, up from the initial target of 23 GWh.
Stellantis CEO Carlos Tavares, said: “This new facility will contribute to reaching our aggressive target to offer at least 25 new battery electric vehicles for the North American market by the end of the decade “We are continuing to add more capacity in the United States together with our great partner Samsung SDI and laying the next steps to reaching our carbon neutrality commitment by 2038.”
— Paul Myles is a seasoned automotive journalist based in Europe. Follow him on Twitter @Paulmyles_ and Threads
