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Ultium Cells receives $2.5 bn in DoE funding

Ultium Cells, the General Motors joint venture with LG Energy Solutions (LGES), has received $2.5 billion through the US Department of Energy (DoE). Ultium Cells is reportedly working to set up at least three battery cell factories in the USA. The Loan Programs Office of the DoE announced the closing of the loan today. The […] More…

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