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$7.54B Boost for U.S. EV Battery Plants
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 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.
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.
GM to sell its stake in Michigan battery plant
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
General Motors to Sell Its Stake in Lansing, Michigan, Battery Factory to LG Energy Solution
General Motors has reached an agreement to sell its stake in a nearly completed electric vehicle battery plant in Lansing, Michigan
GM To Sell Its Stake In Lansing Battery Cell Plant To LG Energy Solution
General Motors (GM) said that it has reached a non-binding agreement to sell its stake in the nearly completed Ultium Cells LLC
Hosted on MSN
36m
Chinese company announces major breakthrough with battery safety technology — here's how it could transform the EV industry
The online reports tout better fire safety as a big perk. Chinese company announces major breakthrough with battery safety ...
GM Authority
22h
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 ...
18h
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 ...
2d
on MSN
A Tesla founder started an EV battery recycling company that's on pace to make $200 million a year
Tesla founder JB Straubel says his recycled EV battery company aims to produce enough batteries for 1 million electric ...
Waste Dive
23m
Tennessee university to receive DOE funding for EV battery recycling project
Tennessee Tech University will develop a mobile preprocessing hub for EV batteries as part of a $4.8 million federal grant.
Green Car Reports
3d
Replacing an EV battery may cost less than fixing a gas engine by 2030
A new report indicates that as battery costs continue to drop replacements will be cheaper than repairing a gas-powered car ...
ET Auto
1h
Decoding BaaS (Battery-as-a-Service): A game changer in EV segment
The EV market recently witnessed the roll-out of Battery-as-a-Service (BaaS), which aims to make owning an electric vehicle ...
23h
EU Aid for EV Batteries Seeks to Stave Off Chinese Competition
EV battery manufacturers relying on Chinese components risk being cut out of €1 billion in European Union subsidies as the ...
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GM
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