John,

Governor Holcomb is proud to announce a MASSIVE $2.5 billion investment from Stellantis and Samsung in electric vehicle battery manufacturing.

The joint venture will build a brand new EV battery manufacturing facility in Kokomo, Indiana, bringing 1,400 new jobs to our state and further positioning Indiana as a catalyst of innovation under Governor Holcomb’s leadership.

Here’s what the Governor has to say about the news:

"[Tuesday's] announcement is another step toward positioning Indiana as a leader in the future of mobility, battery technology, and clean energy.”

More from the official press release:

“Stellantis and Samsung SDI will gradually invest over $2.5 billion to build a next-generation electric vehicle battery manufacturing facility in close proximity to the existing Stellantis facility in Kokomo. The investment could gradually increase up to $3.1 billion.”

John, Governor Holcomb is so proud of this latest investment, and he’s excited to see what more we can accomplish together in the future.

Massive companies are flocking to our up-and-coming state under Eric’s innovative leadership in Indiana.

As always, the Governor has his foot on the gas for our state, moving us forward and growing our Indiana economy. We’ll continue to keep you in the loop with more updates in the future!

Thanks,

Holcomb Crew