US Pledges $7.54 Billion Loan to Stellantis for Construction of Two Electric Vehicle Battery Plants
Stellantis, in partnership with Samsung SDI, has secured a commitment from the U.S. government for a loan of up to $7.54 billion to support the construction of two electric vehicle battery plants in Kokomo, Indiana. The joint venture, StarPlus Energy LLC, expects to create at least 2,800 jobs at the plants, along with additional opportunities […]