|Bid||512,000.00 x 0|
|Ask||513,000.00 x 0|
|Day's Range||502,000.00 - 519,000.00|
|52 Week Range||502,000.00 - 801,000.00|
|Beta (5Y Monthly)||0.67|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 24, 2023 - Oct 30, 2023|
|Forward Dividend & Yield||1,030.00 (0.20%)|
|Ex-Dividend Date||Dec 28, 2022|
|1y Target Est||886,481.00|
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South Korea's Samsung SDI Co Ltd said on Wednesday it plans to invest 2.7 trillion won ($2.00 billion) to build a second joint electric vehicle (EV) battery plant with Stellantis NV in the United States. The South Korean battery maker said in a regulatory filing that it plans to execute the investment starting next April to November 2027.
The plant aims to start mass production in 2027, with an annual production capacity of 34 gigawatt hours.
Stellantis, home to such brands as Jeep, Chrysler, and Dodge, takes the next step in its bid to become carbon neutral by 2038.