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EXPLAINED: 2 - The Real Truth

Energy Dept. backs $2.5B loan to GM venture for EV batteries

A joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Energy Department to build battery cell factories for electric vehicles in three states

The Independent UK

Ultium Cells To Get $2.5 Billion Loan From US Department Of Energy

This will be the Department of Energy's first loan for a battery cell manufacturing project under the Advanced Technology Vehicles Manufacturing (ATVM) program.

InsideEVs

Ultium Cells Celebrates Completion Of Steel Building Structure in Tennessee

Ultium Cells announced completion of the steel structure for the lithium-ion battery cell manufacturing plant at its Spring Hill, Tennessee site.

InsideEVs

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UAW pushes to represent battery plant workers in Ohio

The United Auto Workers said it's moving forward with attempts to unionize a joint-venture battery cell plant after pushback from Ultium Cells LLC, a company General Motors Co. and partner LG Energy Solution own.

Tribune News Service

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