The low-cost government loan for the Blue OvalSK joint venture is the largest ever from the government's Advanced Technology Vehicles Manufacturing loan program. SK On is the battery unit of ...
Asked why it took nearly 18 months to complete the loan, Blue OvalSK said the DOE undertook rigorous due diligence that had to conduct technical, market, financial, credit, legal, regulatory and ...
Read: Rivian’s Georgia Plant Gets A $6.6 Billion Lifeline Thanks To Taxpayers The money will be provided to Blue OvalSK, a joint venture operated by the two companies. They’ve already ...
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