Stellantis eyeing two more North American battery plants by 2030

by Reuters

DETROIT (Reuters) – Stellantis will need four electric-vehicle battery plants in North America by 2030, the company’s North American chief operating officer said on Tuedsay.

The automaker has already announced two joint-venture battery plants – one in Indiana and the other in Canada – and will need two more in the region, including the third by early 2026, Mark Stewart said at a Reuters Events auto conference in Detroit. He expects to make announcement for the two additional plants by second quarter next year.

(Reporting by Ben Klayman in Detroit)

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