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.
U.S. Energy Department unveils $7.54B loan for Samsung, Stellatis 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.
US commits to $7.54B loan for Stellantis venture to build 2 EV battery plants
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. Energy Department for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana
US Commits to $7.54 Billion Loan for Stellantis Venture to Build 2 Electric Vehicle Battery Plants
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. Energy Department for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana
Stellantis-Samsung JV gets $7.5 billion U.S. government loan for EV battery plants in Indiana
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. government for up to a $7.54 billion loan to help build two electric-vehicle battery plants in Kokomo, Ind.
Biden Offers $7.5 Billion for Samsung SDI-Stellantis Battery Hub
A joint venture between Samsung SDI Co. Ltd. and Stellantis NV to create battery manufacturing plants in Indiana is being offered $7.54 billion in financing from the Biden administration.
US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture
The U.S. Energy Department said Monday it is proposing to loan up to $7.54 billion to a joint venture of automaker Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.
Stellantis and Samsung Will Get $7 Billion to Build Battery Factories
The Biden administration expanded its efforts to lock in its climate policies on Monday, saying that it would lend almost $7 billion to help build battery factories in Indiana to supply vehicles made by Stellantis,
GMC Hummer EV SUV: This Super EV Delivers Surprising Fun And Fancy
In the year of the super EV, the GMC Hummer EV found its tribe. This "moon shot" EV with over the top features is notable for ...
Jaguar’s Controversial EV Relaunch Has Leaked Online
Ahead of the official reveal at Miami Art Week, snaps of the brand's Design Vision Concept have surfaced in all their ...
Here’s how Trump could affect Tennessee auto industry, businesses see sluggish EV sales
Electric vehicle domination is still decades out, but experts say Tennessee is among the states leading the way. Here's how.
Tesla Stock A Buy—Despite ‘Significantly Overvalued’ Core EV Business, Analyst Says
Tesla stock rallied to what would be a new 32-month high closing share price Monday, gaining 3% to extend its post-election ...
Utah’s EVject aiming to make EV charging safer
Utah startup designed a novel breakaway connector that allows drivers to escape sketchy situations while connected ...
Ending tax credit could cut EV sales by 27%, report says
Automakers have moved factories to the U.S. in response to the tax credit, and that’s created tens of thousands of jobs.
Building Apple Products Has Become a Side Hustle for China’s Biggest EV Maker
BYD has grown into a top iPad assembler and has put around 100,000 people to work for Tim Cook’s company.
EV Maker Lion Wins Temporary Creditor Relief, Halts US Factory
Electric bus manufacturer Lion Electric Co. is temporarily laying off about 400 workers and halting operations at its ...
Crain's Detroit1h
Michigan EV, microchip jobs training gets $4.7M boost
The Michigan Economic Development Corp., which has aggressively courted EV and semiconductor projects, awarded Western ...
Biden is racing to boost EV charging networks before Trump takes office
The government announced it would invest $7.5 billion toward EV chargers in 2021, with the aim of building 500,000 electric ...