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Nevada battery recycler wins $2B loan from Energy Department

MCCARRAN, Nev. (AP) A Nevada company that recycles batteries for electric vehicles has won a $2 billion green energy loan from the Biden administration. Redwood Materials, a recycling venture founded by the former chief technology officer at Tesla Inc., secured the conditional loan from the Energy Department's Advanced Technology Vehicles Manufacturing program, which helped Tesla more than a decade ago.

Foxconn, Lordstown Motors to pursue U S loan for EV factory

Foxconn, Lordstown Motors to pursue U S loan for EV factory
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