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0 0.00226757369614508 0.0105820105820106 0.00226757369614508 0.0128495842781557 0.0158087679516252 -0.0230536659108087 -0.0668934240362812
Stock impact report

US Offers EV Battery Parts Maker $671 Million For Georgia Plant [Financial Post (Toronto, Ontario, Canada)]

Aspen Aerogels, Inc. (ASPN) 
Last aspen aerogels, inc. earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — The Biden administration is poised to loan nearly $671 million to Aspen Aerogels Inc. to make a key component of electric car batteries in the election battleground state of Georgia. The conditional financing, being announced Wednesday by the US Energy Department, will fund construction of a new manufacturing plant producing thermal barriers that help prevent battery fires. It's part of President Joe Biden's push to build a domestic supply chain for electric vehicles and the advanced batteries that power them. “We are making sure that the supply side is made here in this country,” Jigar Shah, director of the Energy Department Loan Programs Office, said in an interview. “We have taken very seriously the onshoring of the entire supply chain.” Although such events are rare, the cells within lithium-ion batteries can overheat and cause adjacent cell Show less Read more
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