Government Loan Of 6.6 Billion To Rivian Under Scrutiny From DOGE Co-Leader Vivek Ramaswamy
Rivian received the loan in November from the Department of Energy, but Ramaswany claims it is a "political shot" at Elon ...
The Auto Wire on MSN20h
Biden Administration Is Loaning Rivian Billions For Georgia Plant
The Biden Administration during its lame duck status announced it’s giving a $6.6 billion loan to Rivian Automotive for its ...
Stellantis and Samsung will get $9.4 billion to build battery factories in US
The loan, from the Biden administration, was designed to withstand Republican attacks. Read more at straitstimes.com.
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Republicans mull fate of DOE loan program
Some GOP lawmakers want to make sure Department of Energy financing supports all energy sources. Others want to kill the loan office altogether.
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 ...
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Biden doles out $7.5B loan to build battery plants
The Energy Department on Monday approved a $7.5 billion conditional loan to boost Stellantis, maker of brands such as Ram, Dodge and Jeep, as it plans to build two electric vehicle battery plants.
The Times of Northwest Indiana21h
US commits to $7.54 billion loan for 2 Indiana electric vehicle battery plants
The project being built by StarPlus Energy LLC is expected to create at least 2,800 jobs at the plants and hundreds more at a ...
US Proposes $7.54 Billion Loan to Stellantis, Samsung SDI Battery Joint Venture
WASHINGTON (Reuters) -The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion to a joint venture of ...
Yen on MSN23h
From China woes to EV troubles, VW faces rocky road
VW workers kicked-off what could be a long wave of industrial action, as the German car giants seeks to push through a ...