Global Trade Alert
Global Trade Alert

United States of America: Department of Energy announces a USD 850 million loan for an advanced battery cell manufacturing facility

Announcement

09 Jun 2023

In June 2023, the US Department of Energy announced financial support for an advanced battery cell manufacturing facility.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Jun 2023

Revocation date:

No revocation date

Updated: 09 Jun 2023
State loan In force

On 9 June 2023, the US Department of Energy (DOE) announced providing USD 850 million in loans to KORE Power Inc for the construction of an advanced battery cell manufacturing facility in Buckeye, ...

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