On December 3rd, the outlet reported that the usa government agreed to provide a loan amounting to 7.54 billion dollars to a joint venture between Samsung SDI and Stellantis to promote the construction of an electric vehicle battery plant in Indiana, usa. According to a statement from the usa Department of Energy on Monday, the assistance will be provided in the form of a loan, with 6.85 billion dollars as the principal and 0.688 billion dollars as capitalized interest, which is double the amount the government provided to another electric vehicle battery plant in the same state. The Department of Energy stated that the project helps expand electric vehicle battery production in the usa to meet market demand and reduce reliance on foreign sources, including china. This assistance plan may be canceled after the inauguration of the usa president-elect Trump.