Australia's NOVONIX gets $754.8 mln loan commitment from US for battery facility in Tennessee

Reuters

2024/12/17

Australia's <a href="https://laohu8.com/S/NVX">NOVONIX</a> gets $754.8 mln loan commitment from US for battery facility in Tennessee

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;))

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