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Samsung, Stellantis

Hosted on MSN · 6h

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.

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.

The New York Times · 9h

Stellantis and Samsung Will Get $7 Billion to Build Battery Factories

The loan, from the Biden administration, was designed to withstand Republican attacks and will be used to make electric-car batteries in Indiana.

Green Car Reports22h

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 ...

EV Battery Manufacturer To Receive $7.5B Federal Loan For Indiana Plants

The Department of Energy reached a conditional agreement with StarPlus Energy, a joint venture between Samsung SDI and ...

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