U.S. finalizes $2.5 billion loan to GM, LG battery joint venture
Reverend Raphael Warnock, Democratic Senator for Georgia, speaks during his final midterm runoff election campaign rally in Atlanta, Georgia, U.S., December 5, 2022. REUTERS/Cheney OrrThe U.S. Energy Department said it had finalised a $2.5 billion low-cost loan to a joint venture of General Motors Co and LG Energy Solution to help pay for three new lithium-ion battery cell manufacturing facilities.Reuters first reported in July the planned loan to Ultium Cells LLC from the government's Advanced Technology Vehicles…