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DOE offers conditional commitment for $107M loan to Syrah graphite-based anode material project

Green Car Congress

The Department of Energy’s (DOE’s) Loan Programs Office (LPO) has offered a conditional commitment for a US$107-million loan to Syrah Technologies to fund the expansion of its Vidalia graphite-based active anode material (AAM) facility in Louisiana to 11.25 ktpa AAM production capacity. Earlier post.). million EVs by 2040. Earlier post.)

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KORE will get conditional OK for $850M U.S. mortgage for EV battery plant

Baua Electric

Conventional carmakers like Ford and Nissan have additionally borrowed from the federal program to finance the build-out of amenities generating fuel-efficient automobiles. mortgage for EV battery plant appeared first on Bauaelectric Auto News. This system helped identify electrical automakers Tesla and Fisker Automobile.