US-European automaker Stellantis, whose brands include Fiat, Jeep and Peugeot, and a Samsung subsidiary plan to build a second electric car battery factory in the United States, the companies said Monday.
The location of the facility has yet to be announced but Stellantis and South Korea’s Samsung SDI said it would start production in 2027, with an initial annual output capacity of 34 gigawatt hours (GWh).
