Stellantis and Samsung plan to construct second US gigafactory

The plant may have an preliminary annual manufacturing capability of 34 GWh from the beginning of manufacturing, which is about for early 2027. The situation of the brand new gigafactory is but to be determined as it’s at the moment underneath evaluation. The three way partnership’s first plant within the US, introduced in Might final yr, is being inbuilt Kokomo, Indiana and is about to launch within the first quarter of 2025 with an annual manufacturing capability of 33 GWh, up from the earlier goal of 23 GWh.

Stellantis mentioned the gigafactory will contribute to its goal of providing 25 new battery EVs for the North American market by the tip of the last decade. Carlos Tavares, CEO, Stellantis mentioned: “We’re persevering with so as to add extra capability within the US along with our nice companion Samsung SDI and laying the following steps to reaching our carbon neutrality dedication by 2038.”

The brand new gigafactory is about to be the sixth battery facility to assist Stellantis’ ‘Dare Ahead 2030’ electrification plan, which goals to achieve 100% passenger automobile battery EV gross sales combine in Europe and 50% passenger automobile and light-truck battery EV gross sales combine within the US by 2030. To realize this goal, the OEM is planning on securing 400 GWh of battery capability.

Stellantis has been getting into strategic joint ventures and partnerships throughout the US and Europe because it strikes in the direction of its emissions objectives. Two years in the past Stellantis introduced its partnership with Samsung, days after forming a partnership with LG to provide battery cells and modules for the North American market.

In Europe, Stellantis signed a five-year settlement in 2021 with lithium producer Vulcan Vitality Sources for the sustainable provide of lithium hydroxide used within the EV batteries it makes within the continent. The deal will provide Stellantis with as much as 99,000 tonnes of the fabric over the five-year time period, produced with a decreased environmental influence. Stellantis additionally introduced in 2021 that it will make investments $137m in Vauxhall’s Ellesmere Port, England for the unique manufacturing of EVs.

In the identical yr, the OEM teamed up with Mercedes-Benz and vitality supplier TotalEnergies to put money into battery cell producer Automotive Cells Firm (ACC) and enhance ACC’s industrial capability to at the very least 120 GWh by 2030. In June, ACC opened the primary of three deliberate European battery gigafactories in Billy-Berclau, Douvrin, France. The 60,000 sq.m manufacturing unit has three manufacturing blocks and can ultimately have an annual manufacturing capability of 40 GWh to provide batteries for between 200,000 and 300,000 EVs per yr. ACC later introduced it will use logistics options firm PSA BDP’s 22,000 sq.m warehouse in Dunkirk, France and its specialist providers for EV battery logistics.

Learn extra in regards to the transition to EVs in Europe in our unique European Automotive Logistics Market Report 2023-2033.

Samsung has additionally been teaming up with different OEMs to supply parts for EVs. In 2019, Samsung SDI agreed to supply battery cells and modules to Volvo Group, as a part of the pair’s alliance fashioned to develop battery packs for Volvo’s electric-powered vans.

Commenting on the newly signed MoU for Stellantis and Samsung’s second US gigafactory, Yoon-ho Choi, president and CEO, Samsung SDI mentioned: “By establishing the three way partnership with Stellantis final yr, we laid a strong groundwork for marking our presence in North America. The second plant will speed up our market penetration into the US and assist Stellantis push froward the US transition to an period of EVs by supplying the merchandise that includes the best ranges of security and high quality.”