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Samsung, Stellantis

The Verge on MSN · 1h

Stellantis and Samsung to get $7.54 billion federal loan for two EV battery factories

The Department of Energy preliminarily approved another loan to help fund the construction of electric vehicle battery factories in the US. This time, a joint venture between Stellantis and Samsung SDI will receive $7.

Detroit Free Press on MSN · 20h

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

The U.S. Energy Department said Monday it plans to lend up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.

Newsweek on MSN · 19h

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.

2h

President Biden offers $7.5 billion for Samsung SDI-Stellantis hub

The funding, which could easily be canceled by the incoming Trump administration if not finalized by inauguration day ...

8h

Stellantis and Samsung will get $9.4 billion to build battery factories in US

The loan, from the Biden administration, was designed to withstand Republican attacks. Read more at straitstimes.com.

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