US finalizes $9.63 billion loan for Ford, SK On joint battery venture

The U.S. Energy Department has finalized a $9.63 billion loan to Ford and SK On for battery plants in Tennessee and Kentucky, marking a major push for EV production.

GM to sell its stake in Michigan battery plant to LG Energy Solution

GM is selling its stake in a Michigan battery plant to LG Energy Solution while scaling back EV plans amid market uncertainties and tax credit concerns.

DOE offers $7.54 billion loan for Stellantis, Samsung SDI EV battery plants in Indiana

US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture