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
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.
Stellantis and Samsung will get $7 billion to build battery factories
U.S. government has made a commitment to lend about $7 billion to a Stellantis joint venture with Samsung SDI to build two electric vehicle battery factories in Indiana.
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-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.
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.
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.
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 ...
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.
EU Drive To Force EV Adoption Looks Set To Stumble
The EU plan to boost EVs by slashing the sale of new ICE cars by 2030 and eliminate them by 2035 is facing increasing ...
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 ...
Crain's Detroit3h
Michigan EV, microchip jobs training gets $4.7M boost
The Michigan Economic Development Corp., which has aggressively courted EV and semiconductor projects, awarded Western ...
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 ...