Stay updated with breaking news from Plus Energy. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Stellantis and Samsung plan to build a second EV battery plant in Kokomo, Indiana, a town where many current Stellantis workers see such plants as a threat to their current jobs.
Samsung and Stellantis N.V. will be setting up a second battery manufacturing plant in the US, where Samsung SDI will spend $1.97 billion. - SamMobile
The Haynes Apperson Festival is returning to Kokomo this weekend.
The newly elected president of the U.S. United Auto Workers (UAW) is unnerving Korean battery manufacturers by urging their joint ventures with U.S. carmakers to raise wages and guarantee job safety, according to industry officials, Tuesday. Amid growing concerns over his request having a negative impact on their earnings, battery makers have maintained a cautious stance, considering the fact that the union has gained strong support from U.S. President Joe Biden.
StarPlus Energy, a joint venture between Stellantis N.V. and Samsung SDI, will open in Kokomo, Indiana.