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DoE Announces $2.5 Billion Loan for Battery Plants

The U.S. Department of Energy today announced the closing of a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.

Siemens, Desktop Metal Announce Partnership

Siemens and Desktop Metal, Inc. announced today a partnership aimed at accelerating the adoption of additive manufacturing (AM) for production applications with a focus on the world’s largest manufacturers.