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$7.54B Boost for U.S. EV Battery Plants
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 $7.54 billion to build two EV 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.
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
You’ve seen rebrand, now here’s 1st new Jaguar EV
Has Contentious Jaguar Rebrand Worked? Yes, The New EV Is Stunning
Jaguar's opinion-splitting Type 00 electric car is finally here. Is it worthy of the all the attention after the rebranding advert? The audacious Miami reveal says it is.
Don't Hate Me, but I Actually Love Jaguar's EV Relaunch
It's a name with immediate brand recognition not just for Brits like me, but globally. Its cars are luxurious and prestigio
Jaguar reveals first concept car after controversial rebrand
British luxury automaker Jaguar has revealed its Type 00 concept car, the first glimpse of a new electric vehicle following a controversial rebrand that has divided opinion on social media.
4h
on MSN
Longtime Tesla investor Ross Gerber on why Musk's ties to Trump might not boost the EV maker
Gerber has grown skeptical of Musk's other ventures in recent years, and has said previously that his side projects are ...
3h
Ford UK chair calls on government for EV incentives, Sky News reports
Ford Motor Co's UK chair has called on the British government to provide consumer incentives of up to £5,000 per electric ...
3h
LA Times Today: Musk has Trump’s ear, and that could help Tesla. Other EV makers? Maybe not so much
President-elect Donald Trump’s disdain for electric vehicles is no secret and that has some car companies scrambling. But not ...
7h
US Department of Energy commits $7.54 billion loan for EV production in Kokomo
Though not yet finalized, the $7.54 billion loan from the department's Loan Programs Office to StarPlus Energy is the third ...
5h
EU Aid for EV Batteries Seeks to Stave Off Chinese Competition
EV battery manufacturers relying on Chinese components risk being cut out of €1 billion in European Union subsidies as the ...
GM Authority
10h
EV Battery Will Soon Be Cheaper To Replace Than Gas Engine: Report
According to new research by Recurrent, a continuing downward trend in costs and an increase in energy density will lower the ...
5h
on MSN
Aptera Needs Your Money To Bring Its Solar EV To The Market–Again
But as other startups have learned, sometimes the hard way–cue the Fisker story–making a car from scratch is very expensive.
1d
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 ...
Electrek
1h
Jaguar embraces spotlight after radical $100K luxury EV concept sparks backlash
After revealing its new Type 00 electric vehicle concept this week, Jaguar has been the center of the spotlight.
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