StarPlus Energy manufactures nickel-cobalt-aluminum (NCA) lithium-ion batteries for BEVs using advanced automation, quality control, cell manufacturing, module assembly, and final pack integration processes. Its two plants offer a combined annual output of 67 GWh (33 GWh and 34 GWh each), featuring advanced thermal management and sophisticated battery management systems for optimized performance and longevity.
High-capacity NCA lithium-ion battery cells, modules, and packs designed for battery-electric vehicles, incorporating advanced thermal management and battery management technology.
Secured a $7.54 billion loan from the U.S. Department of Energy in 2023 to construct two lithium-ion battery manufacturing facilities in Kokomo, Indiana, with the second plant scheduled to start production in 2027.
Founded and funded by Samsung SDI and Stellantis through a joint venture agreement; secured a $7.5B loan from the U.S. Department of Energy under the Advanced Technology Vehicles Manufacturing Loan Program.
