Battery Making Site in IN from Stellantis & Samsung

Stellantis N.V. and Samsung SDI today announced that Kokomo, Indiana, will be the site for a second battery manufacturing facility in the United States as part of the StarPlus Energy joint venture. The new StarPlus Energy plant is expected to begin production in early 2027 with an annual capacity of 34 gigawatt hours (GWh). The joint venture company will invest over $3.2 billion (€2.8 billion) and create 1,400 new jobs in Kokomo and the surrounding areas. The total investment for both facilities will be over $6.3 billion (€5.5 billion) and create 2,800 total new jobs.

This will be the second StarPlus Energy gigafactory in Kokomo. Construction is already underway on the first StarPlus Energy gigafactory, which is on track to open by the first quarter of 2025 with an annual production capacity of 33 GWh.

“Our battery ecosystem is the foundation of our electrification strategy and our great partners Samsung SDI, the State of Indiana, and the City of Kokomo have created a compelling case for locating our sixth gigafactory in Kokomo,” said Mark Stewart, Stellantis COO North America. “The BEVs coming to our North America brands play an important role in our drive to offer clean, safe and affordable mobility for all and achieve the bold goal of carbon net zero by 2038.”

“Through construction of the second battery plant of StarPlus Energy, Samsung SDI will be establishing its largest production base for electric vehicle batteries in North America,” said Yoon-ho Choi, President and CEO of Samsung SDI. “We expect Stellantis brand vehicles powered by Samsung SDI batteries featuring supreme technologies to contribute to accelerating the U.S. transition to an era of electric vehicles.”

“Indiana’s economy is on a roll,” said Indiana Governor Eric Holcomb. “Today’s commitment from Stellantis and Samsung SDI will double the capital investment, the new jobs created, and the impact this joint venture will have on Kokomo and the state of Indiana for decades to come. This decision puts Hoosiers squarely at the center of innovating and developing the future of mobility, catalyzing Indiana’s leadership position in tomorrow’s global economy.”

“We would like to extend our sincere gratitude to Stellantis, Samsung SDI, and their joint-venture StarPlus Energy for their continued commitment and investment in our community,” said Mayor Tyler Moore of Kokomo. “The addition of this second battery plant will solidify Kokomo as one of the largest electric vehicle battery producers in North America and shows that Kokomo continues to remain on the cutting edge of advanced automotive manufacturing.”

As part of the Dare Forward 2030 strategic plan, Stellantis announced plans of reaching a 100% passenger car battery electric vehicle (BEV) sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in the United States by 2030. To achieve these sales targets, the Company is securing approximately 400 GWh of battery capacity. Stellantis is on track to become a carbon net zero corporation by 2038, all scopes included, with single-digit percentage compensation of remaining emissions.

Lectron Chargers at Best Buy

Lectron, a leading provider of home and portable electric vehicle (“EV”) charging solutions, announces its retail expansion with Best Buy, the nation’s largest retailer in the consumer electronics industry. Lectron is teaming up with Best Buy to provide best-in-class, affordable EV chargers and adapters that cater to the needs of all EV drivers, eliminating range anxiety and compatibility issues, regardless of make and model.

Lectron delivers reliable charging in any climate. EV owners can enjoy high-powered Level 2 home charging with the V-BOX Charging Station or opt for rapid on-the-go charging with the portable Level 2 charger. For overnight charging to support short daily commutes, the portable Level 1 charger is ideal and plugs directly into standard NEMA outlets.

Consumers can easily find and purchase the latest Lectron premium charging solutions at competitive prices at select Best Buy locations nationwide. Christopher Maiwald, Founder and CEO of Lectron, emphasized, “We are delighted to partner with Best Buy in making our new Level 1 and 2 chargers readily available to their valued customers from coast to coast.”

Lectron chargers are compatible with all* EV model types – now available online and in select Best Buy stores nationwide:

Lectron V-BOX 48A Charging Station

  • Experience high-powered, high-speed Level 2 home charging up to 240V.
  • Delivers a charging rate of up to 46 mph at 11.52 kWh.
  • User-friendly design includes a 20-foot cable and a convenient storage mount.
  • Choose between a NEMA 14-50 outlet (up to 40A) or a 48A hardwired installation.

Lectron Portable Level 2 40A EV Charger

  • Get more miles in less time with this powerful portable charger.
  • Offers up to 9.6 kWh charging speed, perfect for quick home or office charging.
  • Provides up to 240V and 40A through a NEMA 14-50 outlet.

Lectron Portable Level 1 15A EV Charger

  • Ideal for daily urban commutes, with a 1.65 kWh charging capacity.
  • Effortlessly plugs into standard NEMA 5-15 outlets.
  • Provides convenient charging up to 110V and 15A, available wherever and whenever needed.

Lectron adapters bridge the gap between charging standards:

Lectron Tesla to J1772 EV Adapter

  • Expanded charging options for non-Tesla EVs with access to Tesla chargers.
  • Compatible with Tesla charging infrastructure, including High Powered Wall Connectors and Destination Chargers.
  • Compatible with all J1772 EVs.

Lectron J1772 to Tesla EV Adapter

  • Charge your Tesla with hassle-free access to a broader network of non-Tesla charging stations.
  • Compatible with all Tesla models.

Lectron CCS to Tesla Adapter

  • Enjoy rapid charging with support for up to 150 kW charging rate for Tesla vehicles at thousands of CCS fast chargers nationwide.
  • Compatible with all Tesla models.///

Northleaf Acquires Controlling Interest in EV Passport

 

Northleaf Capital Partners (“Northleaf”), a leading global private markets investment firm, announced it has agreed to acquire a controlling stake in EVPassport, Inc. (“EVPassport”), an electric vehicle (“EV”) charging platform company co-founded by Hooman Shahidi (Chief Executive Officer), and Aaron Fisher (Chief Technology Officer), which focuses on the deployment of Level 2 and Level 3 EV chargers across North America. Funds managed by Northleaf have committed $200 million to fund EVPassport’s capital requirements and accelerate the build-out of EV charging systems.

EVPassport provides an end-to-end EV chargingenterprise and commercial businesses. The company utilizes an innovative business model that allows for charging infrastructure to be installed under an infrastructure-as-a-service (“IaaS”) model, supporting its client base with turnkey solutions. This contractual framework is paired with an advanced technology platform that prioritizes the customer experience through high reliability, open API integrations, and an app-less charging experience.

“We’re excited to partner with EVPassport and apply our market knowledge and industry expertise to build out this critical infrastructure,” said Olivier Laganiere, Managing Director at Northleaf. “With a significant installed base across the country, EVPassport is poised to meaningfully expand its footprint and help drive the EV transition. Under EVPassport’s IaaS framework, site host customers are able to offer an increasingly critical transportation amenity to tenants or clients, while individual charging users benefit from strong reliability, high uptime, and customer-driven features.”

He continued, “This investment is an excellent fit with Northleaf’s infrastructure strategy, and our investors benefit from the long-term, contracted cashflow profile that underpins EVPassport’s business model.”

Since EVPassport’s inception in 2020, the company has scaled its network to 35 states, as well as Canada and Mexico. It has deployed thousands of chargers, primarily focusing on the multi-family, hospitality, and retail sectors, while delivering a 99.97% uptime. Existing customers include Viejas Casino and Resort, National Development, Ace Parking, Millennium Park Garages, and Nuveen.