Report: GM-LG Ultium Cells battery venture to get first federal ATVM loan in a decade

General Motors and LG might be the first companies in 12 years to be awarded a loan under the federal government’s Advanced Technology Vehicle Manufacturing (ATVM) loan program, according to a report from Reuters, citing information from officials. LG Energy Solution and GM have been partners in Ultium Cells LLC, which builds the…

Source: Green Car Reports

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