United StatesPart of Samsung SDIstarplusenergyus.com
Its role Owner
StarPlus Energy LLC operates as a joint venture company focused on manufacturing lithium-ion batteries for electric vehicles. Formed in 2022 by Samsung SDI Co., Ltd., a leading battery technology firm, and Stellantis N.V., a prominent global automaker, the entity leverages combined strengths in battery innovation and vehicle integration.
Based in Kokomo, Indiana, United States, the company is developing and operating large-scale battery production plants known as gigafactories. The initial facility started production in 2025 with plans for expansion, followed by a second plant in 2027, aiming for a total annual output of 67 GWh. Products include high-energy-density NCA lithium-ion cells and modules tailored for battery electric vehicles, incorporating advanced thermal management and quality controls.
StarPlus Energy benefits from significant investments and a $7.54 billion U.S. Department of Energy loan to support its projects, which are expected to create thousands of jobs. As part of the North American EV supply chain, it plays an important role in enhancing domestic production capabilities and supporting the automotive industry's shift toward electrification and carbon neutrality goals.
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