SEOUL/MILAN—Stellantis and South Korea’s Samsung SDI Co., Ltd. have entered a preliminary agreement on a joint venture to produce electric vehicle (EV) battery cells and modules in the United States, the two companies said on Friday.
The tie-up comes less than a week after the world’s fourth-largest automaker signed a similar agreement with South Korea’s LG Energy Solution (LGES), as it rolls out its $35 billion (30 billion euro) electrification plan.
