The U.S. Department of Energy (DOE), through its Loan Programs Office (LPO), has closed 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 Motors and LG Energy Solution, will manage battery cell […]
The post DOE Loans $2.5 Billion to Ultium Cells for Three Battery Cell Manufacturing Facilities appeared first on NGT News.
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