US finalizes $2.5 billion loan to GM, LG battery joint venture

The US Energy Department said on Monday it had finalized a $2.5 billion low-cost loan to a joint venture of General Motors Co and LG Energy Solution to help pay for three new lithium-ion battery cell manufacturing facilities

Related Keywords

Indiana ,United States ,Ohio ,Tennessee ,Michigan ,America ,Julie Su ,Gretchen Whitmer ,Joe Biden ,Jennifer Granholm ,Lg Energy Solution ,Ultium Cells ,Energy Department ,Battery Workforce Initiative ,Ford Motor ,Reuters ,Lg Energy ,Technology Vehicles Manufacturing ,Us Energy ,Syrah Technologies ,Nissan Motor ,Labor Department Deputy ,Us Energy Department ,Motors Co ,Advanced Technology Vehicles Manufacturing ,Secretary Jennifer Granholm ,Michigan Governor Gretchen Whitmer ,United Auto Workers ,President Ray Curry ,Battery Workforce ,North America ,Inflation Reduction Act ,Us ,G ,