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 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.
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.
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.
Biden doles out $7.5B loan to build battery plants
The Energy Department on Monday approved a $7.5 billion conditional loan to boost Stellantis, maker of brands such as Ram, Dodge and Jeep, as it plans to build two electric vehicle battery plants. Several big leadership transitions make the fate of the loan uncertain: The Biden administration,
US commits to $7.54 billion loan for 2 Indiana electric vehicle battery plants
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 nearby park for parts supply companies,
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 ...
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 ...
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.
Utah’s EVject aiming to make EV charging safer
EVject designed a novel breakaway connector that allows drivers to escape sketchy situations while connected at charging ...
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.
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 ...
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.
Crain's Detroit2h
Michigan EV, microchip jobs training gets $4.7M boost
The Michigan Economic Development Corp., which has aggressively courted EV and semiconductor projects, awarded Western ...
What Is One-Pedal Driving In An EV And Why Does It Matter?
Automakers have put a lot of effort into making the electric vehicle driving experience as similar to a combustion vehicle as ...
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 ...