KOKOMO, Ind. — The city of Kokomo is adding another first to its list of “firsts.” Kokomo has been approved to host the first North American electric vehicle battery manufacturing plant in a joint venture between Stellantis and Samsung SDI. The 2.4 million square foot plant will be located on the city’s northeast side. It will employ 1,400 people.
The Kokomo facility will produce lithium-ion batteries for the fast-growing market of battery-electric vehicles. The company expects to begin production in 2027. The location wasn’t disclosed in a memorandum of understanding signed Monday by the companies. The new plant will be part of a strategy by Stellantis to offer 1.5 million battery-electric cars by 2030 and achieve carbon net zero by 2038.
STAR+PLUS helps adults get Medicaid health care and long-term services and supports through a managed care plan that they choose. It provides support in daily living activities, changes in the home to make it safer and more comfortable, and short-term care to give caregivers a break.
Star Plus Energy is hiring Senior Process Engineers to develop and enhance EV battery production processes for safety, quality, and productivity. This includes monitoring, analyzing, and implementing new equipment, procedures, and systems to improve production.
The plant will be supported by a grant from the Indiana Economic Development Corporation. The grant will provide $1.5 billion in tax credits and other incentives. The company will also receive an additional $1 billion from the state for infrastructure and training. Star Plus Energy