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EV, Samsung and 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.

UPI News on MSN · 2d

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.

USA Today · 1d

US Department of Energy commits $7.54 billion loan for EV production in Kokomo

Though not yet finalized, the $7.54 billion loan from the department's Loan Programs Office to StarPlus Energy is the third largest by the office.

GM sells stake in EV battery plant

Wall Street Journal · 1d

GM to Exit Michigan EV Battery Plant

The automaker plans to sell its stake to joint-venture partner LG Energy, the latest pullback in its electric-car investments.

The Verge on MSN · 1d

GM sells stake in EV battery plant to partner LG Energy Solutions

General Motors is selling its stake in an electric vehicle battery facility to its partner LG Energy Solutions, the automaker announced Monday. The nearly completed factory in Lansing, Michigan, was being developed by Ultium Cells LLC,

TechCrunch on MSN · 1d

GM offloads its stake in EV battery factory to joint venture partner LGES

General Motors is selling its stake in the nearly completed Ultium Cells battery cell plant in Lansing, Michigan, to its joint venture partner LG Energy

EV Battery Will Soon Be Cheaper To Replace Than Gas Engine: Report

According to new research by Recurrent, a continuing downward trend in costs and an increase in energy density will lower the ...

EV battery makers get a $1 billion boost in the EU – but there’s a catch

The European Commission is throwing a lifeline to its emerging EV battery sector with a hefty boost of €1 billion. Question ...

Hosted on MSN6h

Toyota Delays Lexus LF-ZC EV Production as EV Market Growth Slows

Toyota's Lexus brand delays LF-ZC EV launch to mid-2027, scaling back production amid slowing electric vehicle market growth.

7h

Why This May Be The Best Time To Buy An Electric Car

In short, it would seem that the coming weeks could well be the best (and perhaps last) time to buy an electric vehicle at an ...

Tire Review Magazine1d

How electric vehicle power steering is used to extending EV battery life

Electric power steering systems are designed to be more energy-efficient compared to their hydraulic counterparts.

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