Combined, the two plants in Kokomo, IN, will produce enough lithium-ion batteries to power 670,000 EVs per year.

Good afternoon and Happy Tuesday, readers. In today’s edition of Daily on Energy, with a little help from our editor Joe ...

The Department of Energy preliminarily approved another loan to help fund the construction of electric vehicle battery ...

The U.S. Department of Energy conditionally loans $7.54 billion to StarPlus Energy for EV battery plants in Indiana.

The joint venture by Stellantis and Samsung SDI is expected to create thousands of jobs. Construction on the first battery ...

StarPlus Energy LLC, a joint venture between global automobile manufacturer Stellantis N.V. and South Korean battery maker ...

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 ...

The auto industry is battling slowing EV demand, rising Chinese competition, and potential tariffs on Mexican imports.

The Biden administration is providing financing for two battery factories being built by Stellantis and Samsung, as well as a ...

The loan is not to Stellantis directly, but to StarPlus Energy, a joint venture between Stellantis and its partner in the ...

Though not yet finalized, the $7.54 billion loan from the department's Loan Programs Office to StarPlus Energy is the third ...