DOE says a multi-billion dollar loan will jumpstart a joint project in Indiana between Stellantis and Samsung to aid battery ...
A joint venture between Samsung SDI Co. Ltd. and Stellantis NV to create battery manufacturing plants in Indiana is being ...
The loan, from the Biden administration, was designed to withstand Republican attacks. Read more at straitstimes.com.
Combined, the two plants in Kokomo, IN, will produce enough lithium-ion batteries to power 670,000 EVs per year.
WASHINGTON (Reuters) -The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion to a joint venture of ...
The project being built by StarPlus Energy LLC is expected to create at least 2,800 jobs at the plants and hundreds more at a ...
Loans to help electrify the supply chain for Jeep, Dodge, and Ram are the latest in a DOE lifeline that once buoyed Tesla.
Advertisement StarPlus is a joint venture between FCA US LLC -- a wholly owned subsidiary of Stellantis N.V. -- and Samsung SDI Co ... sold in North America. The news of the loan arrived the ...
Stellantis and joint venture partner Samsung have won a commitment from the U.S. government for a loan worth up to $7.54 ...
DOE said the loan, if finalized, will help StarPlus finance two lithium-ion battery cell and module manufacturing plants in Kokomo, Ind. StarPlus is a joint venture between Big Three automaker ...
A joint venture between Samsung SDI Co. and Stellantis NV to create battery manufacturing plants in Indiana is being offered $7.5 billion in financing from the Biden administration. The ...