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 Stellantis and Samsung Will Get $7 Billion to Build Battery Factories
The loan, from the Biden administration, was designed to withstand Republican attacks and will be used to make electric-car batteries in Indiana.
cross-posted from: https://slrpnk.net/post/15784834
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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