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US commits to $7.54 billion loan for Stellantis venture to build 2 electric vehicle battery plants

By AP NEWS   |   1 year ago
US commits to $7.54 billion loan for Stellantis venture to build 2 electric vehicle battery plants

The U.S. government is set to provide up to a $7.54 billion loan to a Stellantis joint venture with Samsung SDI to build two electric vehicle battery plants in Indiana, creating jobs and reducing reliance on foreign nations.

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