Samsung SDI Signs MOU for Second Factory with Stellantis
Samsung SDI announced on the 24th that it has signed a memorandum of understanding (MOU) with the US automaker Stellantis to build the second plant of their joint venture, Starplus Energy. Starplus Energy is a consolidated subsidiary of Samsung SDI.
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The company stated, "The second plant of Starplus Energy aims to commence operations in 2027 and plans to secure a production capacity of 34GWh per year."
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