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Market Chatter: Biden Administration Offers $7.5 Billion to Stellantis-Samsung SDI Battery Hub JV
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Market Chatter: Biden Administration Offers $7.5 Billion to Stellantis-Samsung SDI Battery Hub JV
Dec 2, 2024 8:30 AM

11:00 AM EST, 12/02/2024 (MT Newswires) -- Stellantis' ( STLA ) joint venture with Samsung SDI to create battery manufacturing plants in Indiana received a $7.54 billion financing offer from the Biden administration, Bloomberg reported Monday.

Stellantis ( STLA ) did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 12.26, Change: -0.94, Percent Change: -7.16

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