Global Trade Alert
Global Trade Alert

United States of America: Department of Energy announces a USD 102.1 million loan to support the production of a critical material used in lithium-ion batteries for EVs

Announcement

27 Jul 2022

In July 2022, DOE announced a loan to support the production of graphite-based active anode material, a critical material used in lithium-ion batteries for EVs.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

27 Jul 2022

Revocation date:

No revocation date

State loan In force

On 27 July 2022, the US Department of Energy (DOE) announced providing a USD 101.2 million loan to Syrah Technologies LLC to help the company expand its graphite-based active anode material (AAM) proc...

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