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Samsung, Stellantis

The Verge on MSN · 1d

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.

Newsweek on MSN · 2d

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.

The New York Times · 2d

Stellantis and Samsung Will Get $7 Billion to Build Battery Factories

The loan, from the Biden administration, was designed to withstand Republican attacks and will be used to make electric-car batteries in Indiana.

1don MSN

Biden Offers $7.5 Billion for Samsung SDI-Stellantis Hub

A joint venture between Samsung SDI Co. and Stellantis NV to create battery manufacturing plants in Indiana is being offered ...

1don MSN

Vivek Ramaswamy says DOGE will 'carefully scrutinize' loans Biden gave to Tesla rivals

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

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