Evansville, IN – According to the state officials, the facility will be the joint venture’s second StarPlus Energy gigafactory in Kokomo.
To support this growth, the companies plan to create 1,400 new, high-wage jobs in north central Indiana, growing its total planned workforce to 2,800 jobs.
State officials also said that this will be the second StarPlus Energy gigafactory in Kokomo, growing the joint venture company’s total investment to more than $6.3 billion.
The second next-generation electric vehicle manufacturing facility will be built adjacent to the first gigafactory in Kokomo first announced in May 2022, which is currently under construction and targeted to launch in the first quarter of 2025 with an annual production of 33 gigawatt hours.
This second battery manufacturing facility is expected to start production in early 2027 and aims to have an initial annual production of 34 GWh, significantly increasing the joint venture’s U.S. capacity and accelerating Stellantis’ transition to electric vehicles.
This investment is intended to be the sixth battery facility to support Stellantis’ bold electrification plan outlined in Dare Forward 2030 and is part of the company’s long-term electrification strategy to invest $35 billion USD through 2025 in electrification and software globally.
Stellantis plans to reach a 100% passenger car battery electric vehicle sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in the U.S. by 2030.
