Stellantis and Samsung Will Get $7 Billion to Build Battery Factories
The loan, from the Biden administration, was designed to withstand Republican attacks and will be used to make electric-car ...
US Proposes $7.54 Billion Loan to Stellantis, Samsung SDI Battery Joint Venture
WASHINGTON (Reuters) -The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion to a joint venture of ...
The Auto Wire on MSN15h
Biden Administration Is Loaning Rivian Billions For Georgia Plant
The Biden Administration during its lame duck status announced it’s giving a $6.6 billion loan to Rivian Automotive for its ...
Government Loan Of 6.6 Billion To Rivian Under Scrutiny From DOGE Co-Leader Vivek Ramaswamy
Rivian received the loan in November from the Department of Energy, but Ramaswany claims it is a "political shot" at Elon ...
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 ...
Electric car crisis sparks calls to dismantle ‘Frankenstein’ Vauxhall owner
Just nine months ago, Carlos Tavares looked like one of the most unassailable chief executives in the automotive business.