DOE loans BlueOval SK $9.63 billion to expand US EV battery manufacturing
The US Department of Energy’s (DOE) Loan Programs Office (LPO) has closed a direct loan of up to $9.63 billion to BlueOval SK, a joint venture between Ford and South Korean
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Toyota and Nissan want to challenge China’s EV battery reign
Toyota and Nissan are among several Japanese companies that will invest $7 billion (1 trillion yen) to boost the nation’s EV battery output. The Japanese government will help as it aims to
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