News
03 December 2024

StarPlus Energy offered conditional loan for EV battery plants

In:
Manufacturing & equipment, Power
Region:
Americas

The US Department of Energy (DOE) is offering StarPlus Energy a $7.5 billion conditional loan to build battery manufacturing plants in Kokomo, Indiana.The loan to StarPlus, a joint venture between Samsung SDI Co and Stellantis NV, would fund as many as two lithium-ion battery cell and module...

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