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Stellantis and Samsung secure $7.54 billion EV battery plant loan

ArenaEV
The US government is throwing its weight behind the electric vehicle revolution, granting a hefty €6.80 billion loan to StarPlus Energy LLC, a joint venture between Stellantis and Samsung SDI. This massive investment will fuel the construction of two lithium-ion battery plants in Kokomo, Indiana. The new factories will create an estimated 2,800 new positions at the plants themselves and… Read more…

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