DOE gives conditional loan commitment for $850M to KORE Power for battery plant in Arizona; NMC and LFP

Green Car Congress
By mmillikinJun 10, 2023, 9:30 am392 ptsTop
The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment for an $850-million loan to help finance the construction of KORE Power’s advanced battery cell manufacturing facility in Buckeye, Arizona. T The KOREPlex will produce an estimated 6 GWh of battery cell storage…

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DOE gives conditional loan commitment for $850M to KORE Power for battery plant in Arizona; NMC and LFP

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