US to loan $7.54B to Stellantis joint venture for 2 EV battery plants

Posted by on December 4, 2024 12:00 am
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Categories: EV Cars

US to loan $7.54B to Stellantis joint venture for 2 EV battery plants

The US Department of Energy (DOE) says it will loan up to $7.54 billion to a Stellantis and Samsung SDI joint venture to help build two EV lithium-ion battery plants in Indiana.

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