US to loan $7.54B to Stellantis joint venture

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.
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 to loan $7.54B to Stellantis joint venture for 2 EV battery plants
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 plants in Indiana.
U.S. Energy Department unveils $7.54B loan for Samsung, Stellantis 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.
Stellantis and Samsung Secure $7.54 Billion Federal Loan for EV Battery Plants
A joint venture between Stellantis and Samsung, underscores the Biden administration’s commitment to boosting EV production.
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.
Stellantis-Samsung Joint Venture Gets $7.54B Loan for Indiana EV Battery Plants
Combined, the two plants in Kokomo, IN, will produce enough lithium-ion batteries to power 670,000 EVs per year.
US Department of Energy plans $7.5B loan to Stellantis, Samsung for battery plants
The U.S. Energy Department said Monday it plans to lend up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.
Biden administration approves $7.5B loan for EV battery plants in Indiana
The Biden administration approved $7.5 billion in funding for two Indiana EV battery plants, the Energy Department's third-largest loan ever.
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This new EV sounds like a French perfume but offers a massive 460-mile range
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