SEOUL, Oct. 22 (Korea Bizwire) — South Korean battery maker Samsung SDI Co. said Friday it will build its first electric vehicle (EV) battery plant in the United States with global carmaker Stellantis N.V., joining other local rivals’ moves to tap deeper into the region. The announcement confirms earlier reports that the two recently signed [...]
SEOUL, Oct. 19 (Korea Bizwire) — South Korean battery maker Samsung SDI Co. has signed a deal with global carmaker Stellantis N.V. to set up a joint venture to produce electric vehicle (EV) batteries, industry sources said Tuesday. Samsung SDI’s deal came a day after its domestic rival, LG Energy Solution Ltd., announced the signing [...]
SEOUL, Oct. 18 (Korea Bizwire) — LG Energy Solution Ltd., a South Korean battery maker, said Monday it has signed a memorandum of understanding (MOU) with multinational carmaker Stellantis N.V. to set up a joint venture to produce electric vehicle batteries. Under the partnership, the two companies will establish a new battery manufacturing plant in [...]
SEOUL, July 16 (Korea Bizwire) — Multinational carmaker Stellantis Group said Friday it will bring six electrified models to South Korea by 2026 as it aims to get a share of the emerging local EV market. Stellantis is a 50:50 joint venture recently set up through the merger of U.S. carmaker Fiat Chrysler Automobiles N.V. [...]
SEOUL, South Korea, June 7 (Korea Bizwire) — Stellantis N.V. has announced that Nexen Tire, a leading global tire manufacturer, has received the “Best Supplier Award” in the Competitiveness Category of its first annual supplier awards. The awards ceremony was held virtually on June 1, 2021 (EST) due to restrictions around COVID-19. Stellantis N.V. is [...]