GM joint venture to receive $2.5B government loan for U.S. battery plants

01:25 26.07.2022
The U.S. Department of Energy is reviving an old loan program and its first recipient is the joint battery venture between General Motors and LG Energy Solution. The $2.5 billion loan issued to GM and LG Energy will be used to help finance the construction of new lithium-ion battery cell manufacturing facilities. Reuters was first […]...
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