Page 45 - Loan Programs Office News Today

President Joe Biden is selling himself and his economic vision to a skeptical electorate. More importantly, Biden is trying to sell Bidenomics to the market.

Ford and SK Innovation's battery division (SK On) established a joint venture to build three factories in the US: two in Kentucky and one in Tenness...

The unions president said the Energy Department loan of up to $9.2 billion should have had wage, security demands upfront.

Energy Secretary Jennifer Granholm revealed the names of six companies she owned shares in as of last month on Friday, after saying she didn't own any individual stocks.

The union's president said the Energy Department loan of up to $9.2 billion should have had wage, security demands upfront.

The conditional loan is the largest in the agencys history and the single largest federal investment in an automaker since the Great Recession.

The U.S. Department of Energy intends to provide a loan of up to $9.2 billion to a collaborative effort between Ford Motor and SK On

The U.S. Energy Department plans to lend up to $9.2 billion to Ford and South Koreas SK On to help build three battery plants in Tennessee and Kentucky.

Many Republicans in Congress have criticized the Biden administration's efforts to boost EV and battery production. Last year, the department awarded a joint venture of General Motors and LG Energy Solution $2.5 billion to help finance construction of new lithium-ion battery cell manufacturing facilities.

Record loan from Department of Energy to help fund new factories in Tennessee and Kentucky