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United States of America (State of Tennessee): USD 18 million grant to Ultium Cells LLC for their additional investment in battery cell manufacturing

Description

On 15 December 2022, the Tennessee State Funding Board approved a USD 18 million FastTrack Economic Development Grant for Ultium Cells LLC. The purpose of the funding is to support the company's inves...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Dec 2022

Revocation date

No revocation date

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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