Global Trade Alert
Global Trade Alert

United States of America: Department of Energy announces a USD 9.63 billion loan to BlueOval SK for EV battery production

Announcement

16 Dec 2024

In December 2024, the US Department of Energy announced financial support for BlueOval SK LLC (BOSK) for the construction of three manufacturing plants to produce batteries.

 

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Dec 2024

Revocation date:

No revocation date

Updated: 16 Dec 2024
State loan In force

On 16 December 2024, the US Department of Energy (DOE) announced providing USD 9.63 billion in loans to BlueOval SK LLC for the construction of three manufacturing plants to produce batteries for F...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.