Energy Department will lend G.M. and LG $2.5 billion to build battery factories.
The loan will help the automaker and its supplier build electric vehicle battery factories in Ohio, Tennessee and Michigan.
Biden Administration Begins $3 Billion Plan for Electric Car Batteries
The Biden administration is planning a major shift to electric vehicles, but experts say it requires a secure, resilient supply of critical minerals.
Carmakers Race to Control Next-Generation Battery Technology
The prize: batteries that would be cheaper, faster to charge and less vulnerable to raw material shortages. Whoever gets there first will have a major advantage.
Carmakers Race to Control Next-Generation Battery Technology
The prize: batteries that would be cheaper, faster to charge and less vulnerable to raw material shortages. Whoever gets there first will have a major advantage.
Biden Administration Moves to Unkink Supply Chain Bottlenecks
A swath of recommendations calls for more investments, new supply chains and less reliance on other countries for crucial goods.