Benzinga | Aug 13, 2021 09:14AM EDT

Samsung SDI Eyes EV Battery Plant In Illinois: Reuters

* Samsung Electronics Co Ltd (OTC:SSNLF) affiliate Samsung SDI Co Ltd (OTC:SSDIY) plans to build a battery plant in Normal, central Illinois, Reuters reported as per Senator Dick Durbin based on a press conference video.

* Amazon.com Inc (NASDAQ:AMZN) backed electric-vehicle startup Rivian has a factory in Normal and said that Samsung SDI would supply battery cells for its vehicles in April.

* Previously Reuters reported Samsung's battery plant plans and its plans to supply batteries manufactured at a potential U.S. factory with EV makers, including Stellantis NV (NYSE:STLA) and Rivian.