SEOUL (Reuters) - South Korea's Samsung SDI Co Ltd said on Wednesday it plans to invest 2.7 trillion won ($2.00 billion) to build a second joint ...
SEOUL - South Korea's Samsung SDI Co Ltd said on Wednesday it plans to invest 2.7 trillion won to build a second joint electric vehicle battery plant with Stellantis NVSEOUL - South Korea's Samsung SDI Co Ltd said on Wednesday it plans to invest 2.7 trillion won to build a second joint electric vehicle battery plant with Stellantis NV in the United States.
The South Korean battery maker said in a regulatory filing that it plans to execute the investment starting next April to November 2027. In July, the two companies said their joint-venture plant in the United States will have an annual production capacity of 34 gigawatt hours , with a target to start production in 2027.
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