DOE offers record-breaking $9.2B loan to build EV batteries in the US

The Biden administration has offered a record-breaking $9.2 billion conditional loan commitment to a Ford Motor Co. joint venture to help scale up domestic lithium-ion battery production for the U.S.

Related Keywords

Kentucky ,United States ,Nevada ,South Korea ,Tennessee ,Jigar Shah ,Lg Energy Solution ,Technology Vehicles Manufacturing ,Ford Motor Co ,Department Of Energy Loan Programs Office ,Loan Programs Office ,Ford Motor ,Inflation Reduction ,Ultium Cells ,General Motors ,Kore Power ,Syrah Technologies ,Redwood Materials ,Rhyolite Ridge ,