The Department of Energy preliminarily approved another loan to help fund the construction of electric vehicle battery ...
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A joint venture between Stellantis and Samsung, underscores the Biden administration’s commitment to boosting EV production.
The loan, from the Biden administration, was designed to withstand Republican attacks. Read more at straitstimes.com.
StarPlus Energy LLC, a joint venture between global automobile manufacturer Stellantis N.V. and South Korean battery maker ...
The US DOE says it will loan up to $7.54 billion to a Stellantis and Samsung SDI joint venture to help build two EV battery ...
Combined, the two plants in Kokomo, IN, will produce enough lithium-ion batteries to power 670,000 EVs per year.
The funding, which could easily be canceled by the incoming Trump administration if not finalized by inauguration day ...
This output aims to meet growing U.S. demand while reducing reliance on foreign suppliers, particularly from adversarial ...
The materialization of the loan, however, is up in the air as President-elect Donald Trump has expressed animosity toward Biden's clean-energy projects. If the current White House fails to complete ...