Nissan Motor Co. Ltd. will receive a $1.6 billion loan from the U.S. Dept. of Energy to manufacture electric vehicles in the U.S. Nissan, which also wants to put money toward production of advanced lithium-ion batteries, joins Ford Motor Co. and Tesla Motors Ltd. in getting DOE funding today. “This loan is an investment in America. It will help us put high-quality, affordable zero-emissions vehicles on our roads,” Dominique Thormann, senior vice president-Administration and Finance for ...
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