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Stellantis is a global force and continues to advance towards a leading role as an announcement of a partnership with Samsung SDI has been reached. Both brands will work to produce upwards of $3 billion into a modern battery plant to be built in Kokomo, Indiana. This area has long built transmissions and engines found in many Jeep, Ram, Dodge and Chrysler models. Vehicles like the 2025 Chrysler Airflow SUV, a new crossover SUV, is what will be the future for Stellantis.
Regarding the fanfare of the announcement, Mark Stewart, CEO of Stellantis, had some comments about the joint venture, offering praise for adding 1,400 jobs around Kokomo where Stellantis, the company created by the merger of Fiat Chrysler and PSA Group, is based. Altogether, there are new priorities to build four separate engine and transmission plants that will promise as many 6,000 hourly and salaried jobs.
Stellantis Building New U.S. EV Battery Plant
As the promise of new EV technology grows, we are witnessing the collaboration of multiple brands. Yoonho Choi, CEO of Samsung SDI, added Stellantis, various officials from the City of Kokomo and State of Indiana helped steer the way for the monument investment for the company’s first battery plant in the United States, aiming to be built by 2025.
“We have secured a solid foothold in a rapidly growing North American EV market through the joint venture with Stellantis. We will make sincere efforts to bring satisfaction to the market with top-class quality products in the future, and we will contribute towards meeting the climate change target,” Choi said.
Regarding the Kokomo plant, discussions were reached to have an annual production capacity of 23 gigawatt-hours, with a goal to up that figure to 33 GWh. An expected total capacity would also rise as far as demand takes this position of EV reach. Pushing the barrier further for Stellantis electric vehicles is not out of reach for this massive automaker. Keep in mind that Stellantis has brands like Jeep, Ram, and Chrysler, all of those we carry at the NowCar. We are ready to show off our vehicles as we cater to our customers everywhere. Ram owners, get ready for a fun summer.
Drive the Latest Stellantis Brands From NowCar
For those customers searching for a new vehicle, but haven’t found it in person, NowCar is the place for you. Can’t find the right specifications you were hoping to discover at the local dealership? That’s where NowCar can help, especially for those looking to drive the all-new Ram 1500. Let us be your total vehicle guide for anything you’re hoping to drive. You are not limited to a simple inventory lot at one location as we can assist you along the way to gain the vehicle you’ve always wanted. Reach out to us on social media to let us know what you think of the Ram brand as of late.
We hope you talk to us on social media and let us know what you think about the Ram vehicles we sell. For any needs you currently have about buying your new vehicle, we can help at NowCar. Simply visit our website to search and build what vehicle you want directly from the comfort of your computer, phone or tablet. It’s never been easier to buy a new vehicle than today, with NowCar!