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Samsung, Stellantis and EV

The Verge on MSN · 59m

Stellantis and Samsung to get $7.54 billion federal loan for two EV battery factories

The Department of Energy preliminarily approved another loan to help fund the construction of electric vehicle battery factories in the US. This time, a joint venture between Stellantis and Samsung SDI will receive $7.

Newsweek on MSN · 19h

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.

Hosted on MSN · 21h

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.

USA Today · 18h

US Department of Energy plans $7.5B loan to Stellantis, Samsung for battery plants

The U.S. Energy Department said Monday it plans to lend up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.

GM sells stake in EV battery plant

The Verge on MSN · 16h

GM sells stake in EV battery plant to partner LG Energy Solutions

General Motors is selling its stake in an electric vehicle battery facility to its partner LG Energy Solutions, the automaker announced Monday. The nearly completed factory in Lansing, Michigan, was being developed by Ultium Cells LLC,

Wall Street Journal · 13h

GM to Exit Michigan EV Battery Plant

The automaker plans to sell its stake to joint-venture partner LG Energy, the latest pullback in its electric-car investments.

AutoGuide on MSN · 4h

GM Is Selling Lansing EV Battery Plant

General Motors has announced it will sell its stake in a massive EV battery plant in Lansing, Michigan, to LG Energy Solution.The site, initially part of GM and LG's Ultium Cells joint venture, is slated to begin operations in the coming months.

5h

EU Aid for EV Batteries Seeks to Stave Off Chinese Competition

EV battery manufacturers relying on Chinese components risk being cut out of €1 billion in European Union subsidies as the ...

GM Authority10h

EV Battery Will Soon Be Cheaper To Replace Than Gas Engine: Report

According to new research by Recurrent, a continuing downward trend in costs and an increase in energy density will lower the ...

Green Car Reports2d

Replacing an EV battery may cost less than fixing a gas engine by 2030

A new report indicates that as battery costs continue to drop replacements will be cheaper than repairing a gas-powered car ...

4d

Why do EV batteries drain faster in the winter?

Ever wondered why your EV's battery performance seems to drop so much in the winter? Here's what you need to know.

Crude Oil Prices4h

EU Commission Earmarks $4.8 Billion for Clean Tech and EV Batteries

The European Union is investing $4.83 billion in net-zero technologies, including electric vehicle battery manufacturing, to ...

2don MSN

A Tesla founder started an EV battery recycling company that's on pace to make $200 million a year

Tesla founder JB Straubel says his recycled EV battery company aims to produce enough batteries for 1 million electric ...

1don MSN

BMW Will Try New Method in Battery Cell Production

BMW is working to create a circular economy when it comes to battery cell production, and this will involve new recycling ...

The Times of Northwest Indiana1d

US commits to $7.54 billion loan for 2 Indiana electric vehicle battery plants

The project being built by StarPlus Energy LLC is expected to create at least 2,800 jobs at the plants and hundreds more at a ...

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