Monday, December 2, 2024

U.S. commits to $7.5B loan for Stellantis venture to build 2 EV battery plants

Stellantis logo is seen displayed in this illustration taken, May 3, 2022.

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 help build two electric vehicle battery plants in Kokomo, Ind.



source https://www.cbc.ca/news/canada/windsor/u-s-commits-to-7-5b-loan-for-stellantis-venture-to-build-2-ev-battery-plants-1.7398776?cmp=rss

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