$362 Million Loan to CelLink to Support Domestic Manufacturing of Key Electric Vehicle Supply Chain…

When Finalized, Loan Will Support New Manufacturing of EV Production Technology at Texas Plant—Creating More Than 1,300 Good-Paying Jobs and Supporting President Biden’s Efforts to Build a Clean Transportation Future WASHINGTON, D.C. — As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) through its Loan Programs … [continued]

Strengthening USA’s Domestic Lithium-ion Battery Manufacturing Base & Supply Ecosystem

LPO Announces Conditional Commitment to ABS to Strengthen America’s Domestic Lithium-ion Battery Manufacturing Base and Supply Ecosystem The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment to American Battery Solutions (ABS) for a $165.9 million loan to help finance the expansion of an advanced battery pack assembly facility to … [continued]

BlueOval City, Ford's electric vehicle and battery manufacturing campus in West Tennessee, begins production in 2025, and will be home to Ford’s second-generation electric truck, codenamed Project T3, and will be capable of producing 500,000 EV trucks a year at full production. Site shown as of March 10, 2023. Photo courtesy of Ford.

Ford Qualifies For $9.2 Billion DOE Loan To Build 3 US Battery Factories

Ford and SK On have received a conditional loan approval from the DOE Loan Program Office in the amount of $9.2 billion.

Innovative Renewable Energy & Energy Efficiency Solicitation Draft Issued By DOE

Originally published on ENERGY.GOV. Washington D.C. — In support of the Administration’s all-of-the-above energy strategy, the Department of Energy issued a draft loan guarantee solicitation [this week] for innovative renewable energy and energy efficiency projects located in the U.S. that avoid, reduce, or sequester greenhouse gases. When finalized, the solicitation … [continued]

DOE Announces Improvements In The Advanced Technology Vehicles Manufacturing (ATVM) Loan Program

From the DOE (received via email): Washington D.C. — U.S. Secretary of Energy Ernest Moniz today will highlight key improvements to the Department’s Advanced Technology Vehicles Manufacturing (ATVM) Loan Program at the Motor & Equipment Manufacturers Association (MEMA) Legislative Summit. The ATVM Loan Program plays a crucial role in supporting … [continued]