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US to loan $7.54B to Stellantis joint venture
Stellantis nets US$7.54-billion loan for two EV battery plants
Yesterday’s surprise resignation of Stellantis CEO Carlos Tavares evidently hasn’t slowed the company’s electric-vehicle aspirations, as word comes today that the U.S. Energy Department has committed over US$7 billion to a joint venture between the company and Samsung SDI.
Stellantis, partner get loan commitment from feds for EV 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 supplier park nearby.
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.
Opinion
WXYZ
1d
Opinion
Big 3 shakeup: Michigan reacts as Stellantis' CEO Carlos Tavares suddenly resigns
Maynard has worked at the Sterling Heights Assembly Plant for years and says the reign under CEO Carlos Tavares has left ...
Chattanooga Times Free Press
22h
UAW pushes for 2025 strike votes amid Stellantis plant chaos, CEO’s resignation
After struggling to build momentum for factory walkouts this fall, the United Auto Workers is telling its Stellantis NV ...
CBS News
13d
UAW Local leaders call out Stellantis over layoffs in Michigan and other states, claim mismanagement
(CBS DETROIT) —
Stellantis
workers and United Auto Workers local leaders are concerned about the automaker's future, as the company announced another 1,000 workers will be laid off at its
plant
...
8d
Stellantis to shut Vauxhall van plant in Britain
European auto-maker Stellantis said on Tuesday it planned to shut its Vauxhall van factory in Luton, southern England, ...
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