Global Trade Alert
Global Trade Alert

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

Announcement

15 Dec 2022

In December 2022, 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 Dec 2022

Revocation date:

No revocation date

Financial grant In force

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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