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STLA Stellantis NV

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0.00 (0.00%)
Share Name Share Symbol Market Type
Stellantis NV BIT:STLA Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Samsung SDI, Stellantis Sign EV Batteries Joint Venture -Yonhap

19/10/2021 8:29am

Dow Jones News


Stellantis NV (BIT:STLA)
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--South Korean battery maker Samsung SDI Co. and Jeep parent Stellantis NV are to set up a joint venture to produce electric-vehicle batteries, news agency Yonhap reports, citing unnamed sources.

--Samsung SDI and Stellantis recently signed a memorandum of understanding on the joint venture to build a battery production plant in the U.S., Yonhap says, citing the sources.

--Although details on the battery-plant investment are not known, it will be worth billions of dollars, Yonhap says.

--On Monday, Stellantis signed a memorandum of understanding with LG Energy Solution to build a lithium-ion battery plant in North America.

 

Full story: https://bit.ly/3GaCrht

 

Write to Ed Frankl at edward.frankl@dowjones.com

 

(END) Dow Jones Newswires

October 19, 2021 03:14 ET (07:14 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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