U.S. DOE offers USD 7.54 billion loan to Stellantis, Samsung SDI battery joint venture

On December 2, the U.S. Energy Department (DOE) said it is offering up to USD 7.54 billion to the StarPlus Energy LLC joint venture of Stellantis and Samsung SDI to help build two EV lithium-ion battery plants in Indiana.
The conditional commitment award must still be finalized and includes USD 6.85 billion in princi....

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