ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

SSDIY Samsung SDI Company Ltd (PK)

0.00
0.00 (0.00%)
Last Updated: 14:53:19
Delayed by 15 minutes
Name Symbol Market Type
Samsung SDI Company Ltd (PK) USOTC:SSDIY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 72.22 77.33 0.00 14:53:19

Stellantis, Samsung SDI to Invest More than $3.2 Billon in New Indiana Battery Plant

11/10/2023 11:53am

Dow Jones News


Samsung SDI (PK) (USOTC:SSDIY)
Historical Stock Chart


From May 2023 to May 2024

Click Here for more Samsung SDI (PK) Charts.
   By Mauro Orru 
 

A joint venture of Stellantis and Samsung SDI plans to invest more than $3.2 billion in a new battery manufacturing facility in Kokomo, Indiana, in what will become the Jeep maker's sixth battery facility globally.

Stellantis, formed by the combination of Fiat Chrysler and Peugeot maker PSA Group, said Wednesday that the new StarPlus Energy plant would begin production in early 2027 with an annual capacity of 34 gigawatt hours. The plant will create 1,400 new jobs.

Earlier this year, Stellantis said it would invest $155 million in three Indiana plants to produce new electric drive modules, part of the auto maker's plans to have half of its U.S. sales comprising fully electric cars by the end of the decade.

Global electric-vehicle sales achieved around 10% market share industrywide for the first time last year, driven mainly by strong growth in China and Europe.

 

Write to Mauro Orru at mauro.orru@wsj.com

 

(END) Dow Jones Newswires

October 11, 2023 06:38 ET (10:38 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

1 Year Samsung SDI (PK) Chart

1 Year Samsung SDI (PK) Chart

1 Month Samsung SDI (PK) Chart

1 Month Samsung SDI (PK) Chart

Your Recent History

Delayed Upgrade Clock