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Home » DOE Announces $2.5B Loan to EV Battery Manufacturer Ultium
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Ultium Cells Warren, Ohio | Ultium Cells

DOE Announces $2.5B Loan to EV Battery Manufacturer Ultium

GM-LG Joint Venture Building Plants in 3 States, Creating 11,000 Jobs

Dec 12, 2022
K Kaufmann
Department of Energy / Battery Electric Vehicles

The DOE is providing the loan to help finance construction of new lithium-ion battery manufacturing plants in Michigan, Ohio and Tennessee.

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