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Mark Stewart, COO Stellantis North America, announces that Stellantis and Samsung SDI plan invest over $2.5 Billion in a joint venture to produce Lithium-Ion batteries for electric vehicles, Tuesday May 24, 2022, at Ivy Tech Community College in Kokomo, Ind. The plant will be built on 142 acre lot southeast of the Stellantis Kokomo Engine Plant. (Tim Bath/The Kokomo Tribune via AP)

Mark Stewart, COO Stellantis North America, announces that Stellantis and Samsung SDI plan invest over $2.5 Billion in a joint venture to produce Lithium-Ion batteries for electric vehicles, Tuesday May 24, 2022, at Ivy Tech Community College in Kokomo, Ind. The plant will be built on 142 acre lot southeast of the Stellantis Kokomo Engine Plant. (Tim Bath/The Kokomo Tribune via AP)

Mark Stewart, COO Stellantis North America, announces that Stellantis and Samsung SDI plan invest over $2.5 Billion in a joint venture to produce Lithium-Ion batteries for electric vehicles, Tuesday May 24, 2022, at Ivy Tech Community College in Kokomo, Ind. The plant will be built on 142 acre lot southeast of the Stellantis Kokomo Engine Plant. (Tim Bath/The Kokomo Tribune via AP)

Mark Stewart, COO Stellantis North America, announces that Stellantis and Samsung SDI plan invest over $2.5 Billion in a joint venture to produce Lithium-Ion batteries for electric vehicles, Tuesday May 24, 2022, at Ivy Tech Community College in Kokomo, Ind. The plant will be built on 142 acre lot southeast of the Stellantis Kokomo Engine Plant. (Tim Bath/The Kokomo Tribune via AP)

tellantis and Samsung SDI announced Tuesday, May 24, 2022, a plan invest over $2.5 Billion in a joint venture to produce Lithium-Ion batteries for electric vehicles at this site in Kokomo, Ind. The plant will be built on 142 acre lot southeast of the Stellantis Kokomo Engine Plant. (Tim Bath/The Kokomo Tribune via AP)

tellantis and Samsung SDI announced Tuesday, May 24, 2022, a plan invest over $2.5 Billion in a joint venture to produce Lithium-Ion batteries for electric vehicles at this site in Kokomo, Ind. The plant will be built on 142 acre lot southeast of the Stellantis Kokomo Engine Plant. (Tim Bath/The Kokomo Tribune via AP)

Kokomo Mayor Tyler Moore talks about what this means to the community, as Stellantis and Samsung SDI plan invest over $2.5 Billion in a joint venture to produce Lithium-Ion batteries for electric vehicles, Tuesday May 24, 2022, at Ivy Tech Community College in Kokomo, Ind. The plant will be built on 142 acre lot southeast of the Stellantis Kokomo Engine Plant. (Tim Bath/The Kokomo Tribune via AP)

Kokomo Mayor Tyler Moore talks about what this means to the community, as Stellantis and Samsung SDI plan invest over $2.5 Billion in a joint venture to produce Lithium-Ion batteries for electric vehicles, Tuesday May 24, 2022, at Ivy Tech Community College in Kokomo, Ind. The plant will be built on 142 acre lot southeast of the Stellantis Kokomo Engine Plant. (Tim Bath/The Kokomo Tribune via AP)

FILE - This July 14, 2015, file photo shows the ARC Automotive manufacturing plant in Knoxville, Tenn. A class action lawsuit has been filed against seven automakers and a Tennessee air bag parts manufacturer accusing them of knowingly selling vehicles with dangerous exploding air bag inflators. The lawsuit filed Tuesday, May 24, 2022, in San Francisco, names inflator manufacturer ARC Automotive Inc. of Knoxville as a defendant. ARC sold inflators to larger air bag manufacturers, who in turn sold to General Motors, BMW, Ford, Hyundai, Kia, Volkswagen and Fiat Chrysler (now Stellantis). (Adam Lau/Knoxville News Sentinel via AP, File)

FILE - This July 14, 2015, file photo shows the ARC Automotive manufacturing plant in Knoxville, Tenn. A class action lawsuit has been filed against seven automakers and a Tennessee air bag parts manufacturer accusing them of knowingly selling vehicles with dangerous exploding air bag inflators. The lawsuit filed Tuesday, May 24, 2022, in San Francisco, names inflator manufacturer ARC Automotive Inc. of Knoxville as a defendant. ARC sold inflators to larger air bag manufacturers, who in turn sold to General Motors, BMW, Ford, Hyundai, Kia, Volkswagen and Fiat Chrysler (now Stellantis). (Adam Lau/Knoxville News Sentinel via AP, File)

FILE - The Stellantis sign is seen outside the Chrysler Technology Center, in Auburn Hills, Mich. Automaker Stellantis has scheduled an announcement for Tuesday, May 24, 2022, in Kokomo, Ind., for what could be the company's second North American electric vehicle battery factory. (AP Photo/Carlos Osorio, File)

FILE - The Stellantis sign is seen outside the Chrysler Technology Center, in Auburn Hills, Mich. Automaker Stellantis has scheduled an announcement for Tuesday, May 24, 2022, in Kokomo, Ind., for what could be the company's second North American electric vehicle battery factory. (AP Photo/Carlos Osorio, File)