U.S. finalizes $2.5 billion loan to GM, LG battery joint venture

The U.S. Energy Department said on Monday it had finalized a $2.5 billion low-cost loan to a joint venture of General Motors and LG Energy Solution to help pay for three new lithium-ion battery cell manufacturing facilities.
White House to shift COVID-19 vaccine to states with more need

COVID-19 vaccine doses allocated to a U.S. state but left unordered will become available to other states under a policy shift aimed at delivering vaccines to where they are most in demand, the White House said on Tuesday. Vaccines have been allocated state by state based on population – a formula the Biden administration held […]