Stellantis establishes battery joint venture with LG Energy Solution

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40 GWh batteries are to be built in North America from 2024 – probably for Jeep, Dodge and Chrysler

Stellantis establishes battery joint venture with LG Energy Solution-venture

Stellantis and LG Energy Solution establish a joint venture for the production of lithium-ion batteries in North America. The company will build a new battery cell production facility with an annual production capacity of 40 gigawatt hours.

The location of the new facility has not yet been determined. The first groundbreaking for the plant is expected to take place in the second quarter of 2022, with production then starting in the first quarter of 2024. This has now been announced by the Stellantis Group (the merger of PSA with brands such as Peugeot, Citroen and Opel and Fiat Chrysler Automobiles).

The new battery plant is supposed to be the Stellantis-Supplying battery modules to car plants in the USA, Canada and Mexico. They are not only intended for battery electric vehicles (BEVs), but also for plug-in hybrids (PHEVs). The plant is intended to help Stellantis achieve its goal of "generating more than 40% of its sales in the US with electrified vehicles by 2030". That goal was at Stellantis EV Day in July has been announced. At that time, various electrified vehicles were also mentioned that could benefit from the new battery factory, including:

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  • an electric muscle car from Dodge
  • a Ram Pro Master (presumably identical to the Fiat Ducato-e)
  • a plug-in hybrid from Doge and an electric jeep
  • an electric sedan from Chrysler

Stellantis establishes battery joint venture with LG Energy Solution-stellantis

Stellantis EV Day chart: 130 GWh from 2025, 260 GWh from 2030

At the Stellantis E Day, the group also set ambitious goals for battery production. According to this, there should be three gigafactories in the EU and North America as early as 2025, which together produce 130 GWh. In 2030 there should be more than five gigafactories with a total production capacity of 260 GWh.

The partners in Europe include the ACC joint venture (with Mercedes and Saft), which should produce around 120 GWh annually from 2030. But Asian manufacturers such as CATL, BYD, Samsung and LG are also among the partners. The plants already known include one in Germany, one in France and the Italian plant recently announced by Tavares in Termoli (approx. 150 km east of Rome):

  • ACC plant in Kaiserslautern: 24-32 GWh (from the end of 2025)
  • ACC plant in Douvrin (France): 8 GWh (from the end of 2023), later 24-32 GWh
  • Plant in Termoli (Italy): capacity still unclear, from 2025
  • Plant in North America: 40 GWh (from 2024)

Stellantis establishes battery joint venture with LG Energy Solution-establishes

The ACC battery plants in Kaiserslautern and Douvrin are already known

Stellantis could set up another battery joint venture for North America with Samsung SDI, as Reuters now reports. "The two companies (Samsung SDI and Stellantis) have signed a Memorandum of Understanding (MOU) to manufacture electric car batteries for North America," an anonymous source told the news agency. The location has not yet been determined and the source did not provide any information on production capacity and start-up either.

As reported by site, Samsung SDI (unlike LG Energy Solution and SK Innovation) has not yet had a North American battery plant and has so far supplied its customers from locations in South Korea, Hungary and China.

More about the electrical plans from Stellantis: Stellantis establishes battery joint venture with LG Energy Solution-battery Fiat returns to the B segment in 2023 – maybe with a Punto

Stellantis establishes battery joint venture with LG Energy Solution-battery Alfa Romeo will become a purely electric car brand from 2027

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