DOE announces $2.5B loan to Ultium Cells for three US battery cell manufacturing facilities

Green Car Congress
By mmillikinDec 13, 2022, 8:16 am156 pts
The US Department of Energy (DOE), through its Loan Programs Office (LPO), announced the closing of a $2.5-billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan. Ultium Cells, a joint venture between General…

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