Battery maker Samsung SDI is partnering with global carmaker Stellantis to produce electric vehicle batteries in the US, as the latter plans to have EVs make up 40% of its sales in the US. — REUTERS
South Korean battery maker Samsung SDI will jointly produce electric vehicle batteries in the US with global carmaker Stellantis, the South Korean firm said Friday – its partner's second such deal in a week.
The two companies will set up a "joint production body" in the United States to produce "EV battery cells and modules", Samsung SDI said, with production starting in 2025 and the output supplied to Stellantis's auto factories in Canada, Mexico and the US.
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