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Article Summary
- Indiana to be site of new electric vehicle battery plant by Samsung and Stellantis
- Plant to create thousands of jobs in the region
- Investment in the plant aiming to increase production of electric vehicles
- Collaboration between tech giant Samsung and automaker Stellantis
- State and local officials excited for economic growth and environmental impact of the plant Tone: Informative
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U.S. Energy Department Unveils $7.54B Loan For Samsung, Stellatis 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.
https://www.upi.com/Top_News/US/2024/12/02/Indiana...
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