Just three years ago, Kokomo , Indiana found itself at the center of the electric vehicle revolution. The announcement that Stellantis and Samsung SDI would build massive EV battery gigafactories in the community was transformational — not just for Kokomo , but for the entire Hoosier manufacturing economy. Billions of dollars in capital investment, thousands of future jobs, and global attention positioned Kokomo as a cornerstone of America’s electrified automotive future. Today, news that Stellantis is exploring an exit from its battery joint venture with Samsung introduces a new layer of uncertainty — and understandably raises questions across the region. A Look Back: The Scale of the Original Investment To understand the stakes, it’s important to revisit just how significant the original commitment was. The first StarPlus Energy battery plant represented an investment of more than $2.5 billion , with plans to create roughly 1,400 jobs . A second gigafactory announcem...
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