Announcement
12 Dec 2022
In December 2022, DOE announced a loan to support the production of lithium-ion battery cells.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
12 Dec 2022
Revocation date:
No revocation date
State loan
In force
On 12 December 2022, the US Department of Energy (DOE) announced providing a USD 2.5 billion loan to Ultium Cells, GM and LG's joint EV battery venture, to help the company construct lithium-ion batte...
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Related State Acts
27 Jul 2022
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
15 Dec 2022
United States of America (State of Tennessee): USD 18 million grant to Ultium Cells LLC for their additional investment in battery cell manufacturing
09 Feb 2023
United States of America: Department of Energy announces a USD 2 billion loan to support the production of EV battery components
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