Gov. Holcomb announces second Stellantis, Samsung SDI EV battery manufacturing facility, $3.2B investment
Governor Eric J. Holcomb announced today that Stellantis (NYSE: STLA) and Samsung SDI will significantly expand electric vehicle battery manufacturing operations in Indiana, investing more than $3.2 billion. The facility will be the joint venture’s second StarPlus Energy gigafactory in Kokomo. To support this growth, the companies plan to create 1,400 new, high-wage jobs in