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US finalizes $2.5 billion loan to GM-LG battery joint venture | Jobs Vox

[ad_1] The U.S. Department of Energy said Monday it had finalized a $2.5 billion loan to help a joint venture between General Motors Co. and LG Energy Solutions pay for three new lithium-ion battery cell manufacturing facilities. Reuters first reported last July that the government’s Advanced Technology Vehicle Manufacturing (ATVM) loan program is planning to … Read moreUS finalizes $2.5 billion loan to GM-LG battery joint venture

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The UAW union president is optimistic about a quick deal with battery company GM-LG | Jobs Vox

[ad_1] WASHINGTON, Dec 12 (Reuters) – United Auto Workers (UAW) President Ray Curry said on Monday he was optimistic the union could quickly reach a deal with General Motors ( GM.N ) and LG Energy Solution ( 373220.KS ) battery cell hope said on Monday. joint venture. Last week, workers at the Ultium Cells LLC … Read moreThe UAW union president is optimistic about a quick deal with battery company GM-LG

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US finalizes $2.5 billion loan to GM-LG battery joint venture | Jobs Vox

[ad_1] WASHINGTON, Dec 12 (Reuters) – The U.S. Energy Department on Monday finalized a $2.5 billion low-cost loan to help a joint venture between General Motors Co ( GM.N ) and LG Energy Solution ( 373220.KS ) pay bills. announced that he had decided. for three new lithium-ion battery cell manufacturing facilities. Reuters first reported … Read moreUS finalizes $2.5 billion loan to GM-LG battery joint venture

| Jobs Vox

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