Stellantis, Samsung SDI Announce Plans To Build Second StarPlus Energy Gigafactory In US, With An Initial Annual Production Capacity Of 34 GWh
Portfolio Pulse from Benzinga Newsdesk
Stellantis and Samsung SDI have announced plans to build a second StarPlus Energy Gigafactory in the US, with an initial annual production capacity of 34 GWh.
July 24, 2023 | 5:46 am
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Stellantis is partnering with Samsung SDI to build a second StarPlus Energy Gigafactory in the US. This could potentially increase Stellantis' production capacity and market share in the energy sector.
The partnership with Samsung SDI and the construction of a new Gigafactory could potentially increase Stellantis' production capacity and market share in the energy sector. This could lead to increased revenues and profitability, which could positively impact the company's stock price in the short term.
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