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Energy Department to loan GM, LG $2.5B to build EV battery cell plants – EQ Mag Pro

The Energy Department’s Advanced Technology Vehicles Manufacturing Program (ATVMP) hasn’t offered a loan to an electric car maker since 2010, but it’s ready to offer money once again. As Reuters reports, the Energy Department is providing a $2.5 billion loan to the GM and LG joint venture Ultium Cells for the sake of constructing EV […]

SWELECT Energy to raise Rs 1.38 billion via debenture sales – EQ