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US Department of Energy commits $7.54 billion loan for EV production in Kokomo
Though not yet finalized, the $7.54 billion loan from the department's Loan Programs Office to StarPlus Energy is the third largest by the office.
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 production for the rapidly-expanding electric vehicle industry.
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
Stellantis and Samsung will get $7 billion to build battery factories
U.S. government has made a commitment to lend about $7 billion to a Stellantis joint venture with Samsung SDI to build two electric vehicle battery factories 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.
Stellantis-Samsung JV gets $7.5 billion U.S. government loan for EV battery plants in Indiana
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. government for up to a $7.54 billion loan to help build two electric-vehicle battery plants in Kokomo, Ind.
Biden Offers $7.5 Billion for Samsung SDI-Stellantis Battery Hub
A joint venture between Samsung SDI Co. Ltd. and Stellantis NV to create battery manufacturing plants in Indiana is being offered $7.54 billion in financing from the Biden administration.
US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture
The U.S. Energy Department said Monday it is proposing to loan up to $7.54 billion to a joint venture of automaker Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.
19h
on MSN
The Department of Energy Misspent Nearly $1 Billion in 2024
While $1 billion is a drop in the wasteful spending bucket, fiscal irresponsibility of all sizes must be eradicated.
1d
on MSN
A New Reckoning for Nuclear Energy
T his spring kicked off the best stretch for America’s nuclear industry in decades. It started in April, when, for the first ...
1d
on MSN
How to turn ocean waves into renewable energy
The power of the ocean could soon be used to power homes in the U.S. as scientists prepare to test an untapped form of ...
5d
on MSN
Trump’s energy agenda in the next administration: A closer look
The Washington Examiner has taken a closer look at what exactly Trump’s energy agenda might look like in practice.
7d
How Trump's proposed tariffs might affect commodities and energy
President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico ...
2d
on MSN
American taxpayers tied to potential funding of $7.5B loan
American taxpayers may provide a loan of more than $7.5 billion to a joint venture involving automaker Chrysler that plans to ...
17h
North Carolina Town Sues Duke Energy Over Climate Change
Carrboro accused Duke, one the nation’s largest utility companies, of ignoring data about climate change while increasing use ...
12d
on MSN
What is fracking? Domestic oil, gas production will be big part of Trump agenda
Donald Trump's energy agenda targets fracking expansion, faster permits and US dominance, sparking debate over economic gains ...
Governing
9d
The Nation’s Easternmost City Could Be a Renewable Energy Model
The power often goes out in Eastport, Maine, due to storms. Now, the small city is developing solar and tidal power to fuel ...
Opinion
1d
Opinion
Opinion: Why Colorado’s Chris Wright will be good for the Department of Energy
When President-Elect Donald Trump nominated Denver’s Chris Wright as Secretary of the U.S. Department of Energy, the ...
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