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Before yesterdayMain stream

Biden administration races to approve clean energy loans before Trump takes over β€” here’s who is benefiting

13 December 2024 at 10:24

The Department of Energy (DOE) is on a loan-approval spree in the lead-up to President-elect Donald Trump’s inauguration, and the winners are all companies manufacturing clean energy solutions on U.S. soil. Companies like Stellantis and Samsung, Rivian, and most recently, EVgo. Trump has promised to cancel any unspent federal dollars under President Joe Biden’s Inflation […]

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GM offloads one of its battery factories to joint venture partner LGES

2 December 2024 at 13:29

General Motors is selling its stake in the nearly completed Ultium Cells battery cell plant in Lansing, Michigan, to its joint venture partner LG Energy Solution (LGES). GM’s step back from the factory comes amid weakening electric vehicle demand and the potential rollback of Biden administration incentives to produce clean energy domestically.Β  GM and LGES […]

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