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December 22, 2024
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DOE Announces $2.5B Loan to EV Battery Manufacturer Ultium
GM-LG Joint Venture Building Plants in 3 States, Creating 11,000 Jobs
Ultium Cells Warren, Ohio
Ultium Cells Warren, Ohio | Ultium Cells
The DOE is providing the loan to help finance construction of new lithium-ion battery manufacturing plants in Michigan, Ohio and Tennessee.
Battery Electric VehiclesDepartment of Energy