Global Trade Alert
Global Trade Alert

United States of America (State of Tennessee): USD 60 million grant for a battery cell manufacturing plant

Announcement

15 Jun 2021

In June 2021, the Tennessee State Funding Board approved a FastTrack Economic Development Grant for Ultium Cells LLC.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

15 Jun 2021

Revocation date:

No revocation date

Financial grant In force

On 15 June 2021, the Tennessee State Funding Board approved a USD 60 million FastTrack Economic Development Grant for Ultium Cells LLC for its investment in Tennessee. Ultium Cells, a joint venture of...

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