According to The Elec report, Samsung SDI is preparing to build a second electric vehicle battery pack factory line at its Michigan plant in the United States.
This is due to increased sales of plug-in hybrid electric vehicles made by customer Stellantis, the sources said, with Samsung’s existing first factory line running at 100% capacity. Samsung SDI spent $62.7 million for the line in 2018. The second line is expected to cost about half as much as the first, due to the ability to leverage existing infrastructure.
Samsung SDI has previously formed a joint venture with Stellantis to produce batteries with a capacity of 23GWh by 2025.
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