Australia's NOVONIX gets $754.8 mln loan commitment from US for battery facility in Tennessee
16/12/2024 21:51
Dec 17 (Reuters) - NOVONIX Ltd NVX.AX said on Tuesday it has secured a conditional $754.8 million loan commitment from the U.S. Department of Energy to partially fund its proposed battery facility in Chattanooga, Tennessee, under the Advanced Technology Vehicles Manufacturing Loan Program. (Reporting by Roshan Thomas in Bengaluru; Editing by Shreya Biswas) ((Roshan.Thomas@thomsonreuters.com;))