-
Samsung and automaker Stellantis announced this week they’re building a battery plant in Kokomo, Indiana, about an hour north of Indianapolis. The $2.5 billion factory is expected to begin production in 2025 and create about 1,500 jobs.
-
The electric battery maker Samsung SDI on Wednesday called into question the accuracy of a recently published report about its relationship with Rivian.
-
During the fall veto session, Illinois lawmakers will talk about revising how the state offers economic development incentives that could help lure companies like Samsung to the state.
-
State incentives would be needed to secure a $1 billion Samsung electric vehicle battery plant in Bloomington-Normal. And top state officials are saying little about any potential negotiations with Samsung SDI, the subsidiary of the Korean giant that deals with battery technology.
-
A battery expert says if Samsung decides to build an electric vehicle battery plant in Bloomington-Normal, the community would need to generate enough water and possibly more electricity to sustain it.