Stellantis + Samsung SDI Kokomo IN — StarPlus Energy
First major IRA-era JV battery plant announcement. 23 GWh initial → 33 GWh PRiMX cells/modules. 1,400 jobs. Targeted launch 2025. Indiana battery belt foothold for Stellantis.
$2.50B
Deal Value
Battery Storage
Technology
IN
Location
Deal Details
- Deal Type
- Manufacturing Investment
- Seller / Sponsor
- Stellantis + Samsung SDI (StarPlus Energy JV)
- Buyer / Financier
- Stellantis + Samsung SDI (StarPlus Energy JV)
- Deal Value
- $2.5B (potential expansion to $3.1B)
- Stage
- Construction
- ISO/RTO
- MISO
- Source
- Stellantis
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