US to Fund $7.54 Billion Lithium-Ion Battery Plant in Indiana
The US Department of Energy’s Loan Programs Office (LPO) announced a conditional commitment for a loan of up to $7.54 billion to StarPlus Energy LLC, a joint venture between FCA US LLC and Samsung SDI Co. Ltd., to finance the construction of two lithium-ion battery cell and module manufacturing plants in Kokomo, Indiana. The project … Read more