$2.5B DOE loan backs GM’s Ultium EV plan Car Automotive $2.5B DOE loan backs GM’s Ultium EV plan Megan B. Schulze December 30, 2023 The U.S. Department of Energy confirmed Monday morning a $2.5 billion federal loan to Ultium Cells LLC,... Read More Read more about $2.5B DOE loan backs GM’s Ultium EV plan