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Stellantis, Samsung
Biden Offers $7.5 Billion for Samsung SDI-Stellantis Hub
A joint venture between Samsung SDI Co. and Stellantis NV to create battery manufacturing plants in Indiana is being offered $7.5 billion in financing from the Biden administration.
Stellantis and Samsung Will Get $7 Billion to Build Battery Factories
The loan, from the Biden administration, was designed to withstand Republican attacks and will be used to make electric-car batteries in Indiana.
US commits to $7.54 billion loan for Stellantis venture to build 2 electric vehicle battery plants
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. Energy Department for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana.
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.
US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture
The U.S. Energy Department said Monday it is planning to loan 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.
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.
Stellantis shares drop
Stellantis names committee to run company after CEO Tavares leaves
The company's board moved quickly after Tavares' departure and was unveiling the committee to key stakeholders by Monday morning.
Stellantis shares drop after Carlos Tavares’s sudden exit as CEO
Stellantis' indicated Carlos Tavares' views had become misaligned with those held by the company's board and shareholders
Jeep and Dodge owner Stellantis CEO steps down, shares drop
Carlos Tavares abruptly stepped down from his position as CEO of Stellantis on Sunday after facing scathing criticism of how he handled the company. Meanwhile, Stellantis shares go southward.
2h
Stellantis dealers glad Tavares is out, but now concern grows for the future
Stellantis' next CEO faces a mountain of challenges, including overpriced vehicles with little demand, EVs arriving as the ...
6h
on MSN
Why Stellantis's CEO Is Out, and What That Means For the Stock
Until a new CEO is hired, the company will be led by an interim executive committee chaired by John Elkann. Elkann, the great ...
3h
on MSN
US Loans Stellantis, Samsung Venture $7.54B to Build EV Battery Plants
The Department of Energy announced a $7.54 billion loan commitment to a Stellantis and Samsung SDI joint venture to build EV ...
1h
Stellantis CEO Carlos Tavares forced out as global automakers escalate job cuts
Tavares was forced out a year before the end of his contract due to falling profits and what appears to be his failure to cut ...
9h
on MSN
Stellantis CEO Tavares quits: Why his EV bet sparked his departure
Carlos Tavares has resigned as Stellantis CEO after nearly four years, amid plunging electric vehicle sales and rising ...
12h
Stellantis Stock Sinks After Jeep Maker's CEO Resigns
Stellantis shares tumbled following the carmaker's announcement that CEO Carlos Tavares resigned, effective immediately.
15h
Breakingviews: New Stellantis CEO’s first job is a US reset
The Stellantis (STLAM.MI), opens new tab CEO’s abrupt departure on Sunday arguably qualifies as a necessary evil, given the ...
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Carlos Tavares
Board of directors
Samsung
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Italy
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