Stellantis and Samsung Will Get $7 Billion to Build Battery Factories
Stellantis and Samsung Will Get $7 Billion to Build Battery Factories
www.nytimes.com /2024/12/02/business/stellantis-samsung-biden-loans-ev.html
The Biden administration expanded its efforts to lock in its climate policies on Monday, saying that it would lend almost $7 billion to help build battery factories in Indiana to supply vehicles made by Stellantis, the owner of Jeep, Chrysler, Dodge and Ram.
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5 comments
Damage @feddit.it Yeah 'cause they need it, poor widdle gigacorporations
11 1 ReplyMrMakabar @slrpnk.net
The problem is that there are a lot of fossil fuel subsidies as well. It would be better to cut those, but try to lobby for that.
12 0 ReplyWhatAmLemmy @lemmy.world Just plutocracy masquerading as democracy things...
1 0 ReplyMrMakabar @slrpnk.net
In this case absolutly. However not all green subsidies are like that.
1 0 Reply
rasmus @lemmy.world Well stelatis is quite poor
2 0 Reply