Samsung SDI to invest $2 bln to build second joint battery plant in US with Stellantis

URLhttps://www.reuters.com/technology/samsung-sdi-inv
Sourcereuters
Date Published09/26/2023

Additional Reshoring Information:

Company/Division name Stellantis with Samsung SDI
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Domestically, the work will be done:In-house
Capital investment ($):2000
Country(ies) from which reshored:Korea, South
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredelectric vehicle (EV) batteries
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