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Stellantis and Samsung to get $7.54 billion federal loan for two EV battery factories
Stellantis and Samsung to get $7.54 billion federal loan for two EV battery factories Kent Nishimura / Los Angeles Times via Getty ImagesThe 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.
The project is ...
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