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Stellantis, Samsung SDI Pick Kokomo for Second Gigafactory
Stellantis has announced plans of reaching a 100% passenger car battery electric vehicle (BEV) sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in the United States by 2030. To achieve these ambitious sales targets, the Stellantis said it is securing ~ 400 GWh of battery capacity, at what are planned to be non-union facilities. Stellantis, which was created by a mega-merger of Fiat Chrysler (FCA) Renault and Peugeot, thus far is taking a ‘let them eat cake’ position with the unions. This is a high risk strategy, because the unions are sticking to their knitting, so to speak. Sean Fain, the head of the UAW has roots in Kokomo Continue reading →