Global Trade Alert
Global Trade Alert

United States of America: Department of Energy announces a USD 2 billion loan to support the production of EV battery components

Announcement

09 Feb 2023

In February 2023, DOE announced a loan to support the production of EV battery components from recycled materials.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

09 Feb 2023

Revocation date:

No revocation date

State loan In force

On 9 February 2023, the US Department of Energy (DOE) announced providing USD 2 billion in loans to Redwood Materials Inc for the construction and expansion of a battery materials campus in Nevada. In...

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