Tag: Samsung SDI
U.S. Department of Energy commits $7.54bn loan to Stellantis and Samsung SDI EV battery factories
The U.S. Department of Energy this week confirmed that it has offered a conditional loan, worth $7.54 billion, to Starplus Energy: the EV battery joint venture between Stellantis and Samsung SDI.The loan is designed...
Samsung SDI and GM agree US EV battery gigafactory deal
Samsung's battery division, Samsung SDI, and General Motors, have completed a deal, worth $3.5bn, to create an EV battery gigafactory in the US state of Indiana.The factory, which will begin production in 2027, will...
