Stellantis Continues Expansion, Build Two More Battery Factories In North America Until 2030
JAKARTA – The electric battery business is believed to be more promising in the future. Seen from the ambitions of several electric car manufacturers who continue to expand in the midst of the current economic crisis. One of them is Stellantis, an electric vehicle manufacturer from the US.
"Stellantis will need four electric vehicle battery factories in North America by 2030," Stellantis chief operating officer Mark Stewart said on Tuesday, Oct. 18, at the Reuters Events auto conference in Detroit.
The automaker has announced two joint-venture battery plants - one in Indiana and the second in Canada, and will need two more plants in the United States, Canada, or Mexico. The first two plants are scheduled to launch in 2025.
"In the second quarter, the third quarter of '26, if the market continues, we will need a third plant online at the end of '26, early '27. We are already in discussions for a No. 3 plant and maybe plant a No. 4. We will need four plants by 2030," Stewart said.
The Indiana plant is a joint venture with South Korea's Samsung SDI, while the Canadian plant will be built with South Korea's LG Energy Solution. "Partners for two additional plants are up for discussion," Stewart said.
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Stewart expects to make an announcement for the third plant in the second quarter of next year.
Asked if Stellantis was open to workers at the joint-venture battery plant represented by the United Auto union, Stewart said it was up to the workers but the company was open to the idea.
"We welcome the factories into unions," he said. "We anticipate that possibility."
Stewart also said Stellantis in the past two weeks decided to nearly double its annual production capacity for its EV delivery vans to more than 200,000 vehicles. Amazon.com is one of Stellantis' customers for the van.
"It will have more advantages," he said in explaining the decision. He also added that the 2023 model had sold out in just 13 hours.