New Delhi: Stellantis and Samsung SDI have made a groundbreaking announcement, revealing their joint plans to construct a cutting-edge battery plant in Decatur, Alabama. With an expected annual production capacity of 23 gigawatt hours, this facility is set to play a vital role in meeting the soaring demand for electric vehicles in the United States.
The ambitious project comes as part of Stellantis' vigorous commitment to electrification in North America. The automotive giant has pledged a staggering $35 billion investment in electrification by 2025, with the Decatur battery plant serving as a critical component of this ambitious initiative.
The Decatur plant marks a significant milestone in the strategic partnership between Stellantis and Samsung SDI, following their joint endeavor in establishing the first U.S. battery plant in Kokomo, Indiana, slated to commence production in 2025.
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As the global automotive industry experiences a paradigm shift towards electric mobility, battery production capacity has become an increasingly pressing concern. With the rising popularity of electric vehicles, the Decatur battery plant is expected to meet the escalating demand for batteries while contributing to the growth of the U.S. electric vehicle market.
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Moreover, this landmark project will bolster the economy of Alabama by generating 1,800 new jobs, providing a substantial boost to the local community.
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The establishment of the second U.S. battery plant underscores Stellantis and Samsung SDI's unwavering commitment to advancing sustainable transportation solutions, driving the future of electric vehicles in the United States, and fostering economic growth in the region.
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