Global Trade Alert
Global Trade Alert

United States of America: Department of Energy announces USD 1.3 billion loan for an EV battery separator manufacturing plant

Announcement

22 Nov 2024

In November 2024, the U.S. Department of Energy announced a USD 1.3 billion loan to ENTEK Lithium Separators LLC for a new lithium-ion battery separator manufacturing facility in Terre Haute, Indiana.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Nov 2024

Revocation date:

No revocation date

Updated: 22 Nov 2024
State loan In force

On 22 November 2024, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced a USD 1.3 billion direct loan to ENTEK Lithium Separators LLC. This funding will support a new facili...

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