Stellantis and Samsung Will Get $7 Billion to Build Two Battery Factories. The loan, from the Biden administration, was designed to withstand Republican attacks and will be used to make EV batteries in Indiana. The financing is part of Biden’s efforts to create a domestic supply of batteries.

Stellantis and Samsung Will Get $7 Billion to Build Two Battery Factories. The loan, from the Biden administration, was designed to withstand Republican attacks and will be used to make EV batteries in Indiana. The financing is part of Biden’s efforts to create a domestic supply of batteries.

https://www.nytimes.com/2024/12/02/business/stellantis-samsung-biden-loans-ev.html

by mafco