Stellantis, Samsung SDI Announce Kokomo, Indiana as Site for …
Oct 11, 2023 · AMSTERDAM – Stellantis N.V. and Samsung SDI today announced that Kokomo, Indiana, will be the site for a second battery manufacturing facility in the United States as part of the StarPlus Energy joint venture. The new StarPlus Energy plant is expected to begin production in early 2027 with an annual capacity of 34 gigawatt hours (GWh).
US commits to $7.54 billion loan for Stellantis ... - Associated Press News
Dec 2, 2024 · 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 Loans Stellantis, Samsung Venture $7.54B to Build EV Battery …
The United States has announced a $7.54 billion loan commitment to a Stellantis and Samsung SDI joint venture in an effort to build electric vehicle (EV) battery plants. The loan aims to support ...
US proposes $7.54 billion loan to Stellantis, Samsung SDI battery …
WASHINGTON, Dec 2 (Reuters) - The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion to a joint venture of Chrysler parent Stellantis (STLAM.MI) and Samsung SDI...
U.S. Energy Department unveils $7.54B loan for Samsung, Stellantis …
Dec. 2 (UPI) -- The U.S. Department of Energy on Monday announced a multi-billion dollar loan to jumpstart a joint project in Indiana between Stellantis and Samsung to aid battery production...
US Commits to $7.54B Loan for Stellantis EV Battery Plants
Dec 2, 2024 · Stellantis and joint venture partner Samsung have won a commitment from the U.S. government for a loan worth up to $7.54 billion to help build two electric vehicle battery plants in Kokomo, Ind.
Stellantis, Samsung SDI Announce Plans to Build Second StarPlus …
Jul 24, 2023 · AMSTERDAM – Stellantis N.V. and Samsung SDI today announced that they have signed a memorandum of understanding to establish a second battery manufacturing facility in the United States, under the existing StarPlus Energy joint venture.
Stellantis-Samsung Joint Venture Gets $7.54B Loan for Indiana EV ...
Dec 3, 2024 · The U.S. Department of Energy (DOE) announced a conditional $7.54 billion loan to StarPlus Energy, a joint venture between Stellantis, the parent company of Chrysler, and Samsung SDI, to support the construction of two lithium-ion battery plants in Kokomo, IN, in a step toward meeting EV demand and advancing clean energy goals.
US commits to $7.54B loan for Stellantis venture to build 2 ... - ABC News
Dec 2, 2024 · DETROIT -- 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, Indiana.
US Proposes $7.54 Billion Loan to Stellantis, Samsung SDI ... - U.S. News
Dec 2, 2024 · WASHINGTON (Reuters) -The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two...
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