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 ...
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 ...
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 ...
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 ...
The Cool Down on MSN1d
Researchers explore potential of durable battery that could transform electric cars: 'Cheaper, faster, and longer-lasting'
Discoveries like these are key to the continued advancement of sustainable transportation solutions. Researchers explore ...
Destination Charged on MSN8h
GM and LG to develop prismatic battery cells for future electric vehicles
The new prismatic cell technology is expected to be integrated into GM's future EVs. These cells, characterized by their flat ...
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 ...
The Cool Down on MSN1d
Leading battery company unveils 'world's first' technology with 10-minute-charging capability: 'Heralding a new era'
"The new upgraded system increases energy performance by 20%." Leading battery company unveils 'world's first' technology ...