DOE announces $2.5B loan to Ultium Cells for three US battery cell manufacturing facilities
Green Car Congress
DECEMBER 13, 2022
billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan. The US Department of Energy (DOE), through its Loan Programs Office (LPO), announced the closing of a $2.5-billion Ultium Cells Warren, OH. August 2022.
Let's personalize your content