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EV, Stellantis
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.
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
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.
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.
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.
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.
GM Authority
1d
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 ...
1d
on MSN
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 ...
9h
When the grid died, these EV owners powered their homes with their cars
In an era of increasingly hard-hitting disasters, some people are turning to their EVs as a part of their recovery plan.
2d
on MSN
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 ...
2d
GM to Sell Stake in Michigan EV Battery Plant to LG Energy
General Motors Co. is selling its stake in an electric-vehicle battery plant in Lansing, Michigan, to South Korean partner LG ...
Electrek
18h
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 ...
Tire Review Magazine
1d
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.
2d
Will Electric Vehicle Adoption Thrive Under The New Administration?
The incoming Trump administration’s positions on incentives and tariffs could slow EV adoption in the United States, but ...
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