Samsung SDI and Stellantis announce Kokomo, Indiana as side for their second StarPlus gigafactory

Samsung SDI and Stellantis announced that Kokomo, Indiana, will be the site for a second battery manufacturing facility in the United States as part of the StarPlus Energy joint venture. The new StarPlus Energy plant is expected to begin production in early 2027 with an annual capacity of 34 gigawatt hours (GWh). This will be the second StarPlus Energy gigafactory in Kokomo. Construction is already underway on the first StarPlus Energy gigafactory, which is on track to open by the first quarter of 2025 with an annual production capacity of 33 GWh.

As part of the Dare Forward 2030 strategic plan, Stellantis announced plans of reaching a 100% passenger car battery electric vehicle (BEV) sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in the United States by 2030. To achieve these sales targets, the Company is securing approximately 400 GWh of battery capacity. Stellantis is on track to become a carbon net zero corporation by 2038, all scopes included, with single-digit percentage compensation of remaining emissions.

Business Korea reports that according to its industry and government sources, Samsung SDI and the Ulsan city officials are in talks regarding the expansion of the company’s Ulsan plant with an LFP battery production line. If these talks lead to actual construction, this will be the first lithium iron phosphate (LFP) battery production facility in South Korea. This type of battery is less efficient than the NMC one…

21 August 2023

Stellantis and Samsung SDI announced that they have signed a memorandum of understanding to establish a second battery manufacturing facility in the United States, under the existing StarPlus Energy joint venture. Targeted to start production in 2027, the plant aims to have an initial annual production capacity of 34 gigawatt hours (GWh). In May 2022, Stellantis and Samsung SDI announced their commitment to build a…

25 July 2023

The Elec reports that Samsung SDI plans to expand the production of batteries in its Goed, Hungary gigafactory and include the production of 46210 cells. According to the media sources, it is BMW who requested such cells from Samsung SDI. Meanwhile, BMW is building an EV factory in Debrecen, which is a 3-hour drive from Goed. The expansion will require an investment of 500 billion won for two production lines with…

11 July 2023

SNE Research reported that the global EV battery market has recorded a 38.6% YoY growth in Q1 of 2023. The total amount of energy held by batteries for pure EVs, PHEVs, and HEVs was around 133 GWh. CATL remains the top market player with a growth rate of 35.9% and 35% market share. BYD experienced a staggering growth in the Q1 of 115.5% but ranks second in market share with 16.2%. LGES is third with a growth rate of…

5 May 2023

Stellantis and Samsung SDI marked a milestone today in the construction of their joint venture electric-vehicle battery manufacturing facility in Kokomo, Indiana, with the raising of the first piece of steel that will form the structure of the new gigafactory. The two companies announced the formation of the joint venture in May 2022, committing to invest more than $2.5 billion (€2.3 billion) and create 1,400 new…

23 March 2023

According to The Elec, Samsung SDI will supply cylinder batteries for EVs to General Motors. For the purpose, the two companies will establish a joint venture that will build a battery factory with an annual capacity of 30GWh. So far, GM has been using pouch batteries from LG Energy Solution but last month it said it considers all types of cells. Samsung SDI has already announced its plans to invest 40 trillion won…

8 March 2023

According to SNE Reasearch, the global battery usage for 2022 has been 518GWh – a 517.9% growth YoY. For this year, the research agency expects 749 GWh of batteries to be deployed in EVs, PHEVs, and HEVs. Being a South Korean company, SNE Research pays special attention to the three local companies that are major players in the EV battery market – Samsung SDI, SK On, and LG Energy Solution. Their production is…

8 February 2023

South Korean news outlet The Elec reports that Samsung SDI readies to build a third factory in Hungary that will produce batteries for the EV models of BMW. It is expected that the third plant will be near the other two already existing – near Goed. The Elec reports that the land on which the site will be built has already been purchased and that Samsung SDI is most likely to start construction in the first half of…

11 January 2023

Korean news outlet The Elec has learned that Samsung SDI is prepping to build a second EV battery factory line at its facility in Michigan, the U.S. The current facility works at 100% of its capacity. It has been transformed in 2018 to produce battery packs thanks to a US$62.7 million investment. For the second line, Samsung SDI will most probably spend half as much. The cells grouped in modules are imported to the…

22 September 2022

Korean news outlet The Elec reports that according to its sources Samsung SDI is testing at least two versions of 4680 cylinder batteries which it started developing for Tesla. One of the variants follows the original specification announced by the brand. Another variant has a lower than 80 mm height – between 40 and 60 mm, while retaining the 46 mm diameter. The change in height is to make Samsung SDI’s batteries…

1 June 2022

Stellantis N.V. and Samsung SDI today announced that they have executed binding, definitive agreements to establish an electric-vehicle battery manufacturing facility in Kokomo, Indiana, U.S. Targeted to start in 2025, the plant aims to have an initial annual production capacity of 23 gigawatt hours (GWh), with an aim to increase to 33 GWh in the next few years. The total capacity would increase further as demand…

24 May 2022

At the end of 2021, Samsung SDI announced that it has launched its battery brand PRiMX (pronounced as Praimax). Samsung SDI is to promote the super-gap technology strategy through the launch of the brand that conveys the company”s identity. PRiMX stands for “Prime Battery for Maximum Experience.” The brand was developed under the three keywords, “Absolute Quality,” “Outstanding Performance,” and “Proven Advantage.”…

4 January 2022

Stellantis and Samsung SDI announced that their companies have entered into a memorandum of understanding to form a joint venture to produce battery cells and modules for North America. Targeted to start in 2025, the plant aims to have an initial annual production capacity of 23 gigawatt hours, with the ability to increase up to 40 gigawatt hours in the future. Stellantis is now well advanced in the process of…

25 October 2021

South Korean news outlet The Elec reports that Samsung SDI has won a contract for manufacturing batteries for Volkswagen. According to “people familiar with the matter”, the Korean giant will produce a part of VW’s self-designed Unified Prismatic Cells. The media speculates that other companies in which Volkswagen has a stake will also contribute to the production of these battery cells. These are Northvolt and…

5 August 2021