Stellantis and Samsung Will Get $7 Billion to Build Battery Factories

https://www.nytimes.com/2024/12/02/business/stellantis-samsung-biden-loans-ev.html?unlocked_article_code=1.ek4._JGz.PRZ2Z5NVskPh

The Biden administration expanded its efforts to lock in its climate policies on Monday, saying that it would lend almost $7 billion to help build battery factories in Indiana to supply vehicles made by Stellantis, the owner of Jeep, Chrysler, Dodge and Ram.

37 points · 5 comments · view on lemmy.world

5 Comments

Damage@feddit.it · 9 pts · 1y (4 replies)

Yeah 'cause they need it, poor widdle gigacorporations

MrMakabar@slrpnk.net · 12 pts · 1y (2 replies)

The problem is that there are a lot of fossil fuel subsidies as well. It would be better to cut those, but try to lobby for that.

WhatAmLemmy@lemmy.world · 2 pts · 1y (1 reply)

Just plutocracy masquerading as democracy things...

MrMakabar@slrpnk.net · 1 pts · 1y

In this case absolutly. However not all green subsidies are like that.

rasmus@lemmy.world · 2 pts · 1y

Well stelatis is quite poor

solo@slrpnk.net · 1 pts · 1y
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