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Samsung, Stellantis

Detroit Free Press on MSN · 9m

US Department of Energy plans $7.5B loan to Stellantis, Samsung for battery plants

The venture will build batteries in Kokomo, Indiana, for Stellantis electric vehicles and at full capacity will produce about 67 GWh of batteries, enough to supply approximately 670,000 vehicles annually,

Newsweek on MSN · 5h

US Loans Stellantis, Samsung Venture $7.54B to Build EV Battery Plants

The Department of Energy announced a $7.54 billion loan commitment to a Stellantis and Samsung SDI joint venture to build EV battery plants.

UPI News on MSN · 2h

U.S. Energy Department unveils $7.54B loan for Samsung, Stellantis EV battery plant

DOE says a multi-billion dollar loan will jumpstart a joint project in Indiana between Stellantis and Samsung to aid battery production for the rapidly-expanding electric vehicle industry.

Green Car Reports23h

Biden admin loans Stellantis and Samsung $7B for Indiana battery factory

If approved, the loan will fund two battery plants in Kokomo, Indiana, being built under the StarPlus Energy joint venture ...

10m

American taxpayers tied to potential funding of $7.5B loan

American taxpayers may provide a loan of more than $7.5 billion to a joint venture involving automaker Chrysler that plans to ...

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