Stellantis-Samsung JV Gets $7.54 Billion DOE Loan to Build EV Battery Plants -- OPIS

Stellantis-Samsung JV Gets $7.54 Billion DOE Loan to Build EV Battery Plants -- OPIS

A DOE loan will help StarPlus, a joint venture between Stellantis and Samsung, build two lithium-ion battery plants in Indiana. The project aims to produce batteries for 670,000 EVs annually, reducing U.S. reliance on foreign sources.

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