The DOE has offered American Battery Solutions (ABS) a $165.9-million loan under the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program. The company plans to use the funds to expand its battery pack assembly facilities in Springboro, Ohio and Lake Orion, Michigan. The project will support the company’s goal of delivering standardized and customized battery packs… Read more…
American Battery Solutions wins $166-million DOE loan to expand Ohio and Michigan EV battery plants
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