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Global Trade Alert

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United States of America: The Department of Energy provides a loan guarantee to Ultium Cells LLC

Description

On 25 July 2022, the Department of Energy approved a loan guarantee worth USD 2500 million to Ultium Cells LLC located in Warren, OH, United States of America. The support was granted through the Fede...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Jul 2022

Revocation date

No revocation date

Implementation level

National

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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