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US revives green energy loan program

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The U.S. government has resurrected a green energy loan program.

The Department of Energy’s Advanced Technology Vehicles Manufacturing program is issuing a $2.5 billion loan to a joint venture of General Motors and LG Energy Solution. The loan would help fund a lithium-ion battery manufacturing plant.

The green energy loan program famously helped put Tesla on the map, according to The Verge.

Read more from The Verge.

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