This loan marks the Energy Department's first loan for a battery cell manufacturing project.
Daimler Trucks North America is beginning to reopen all nine of its manufacturing locations in North America following a three-month hiatus due to the COVID-19 pandemic.
Goodyear and Bridgestone have both announced temporary shutdowns of tire manufacturing due to the COVID-19 pandemic.
Mack Trucks is getting into the medium-duty business, announcing an all-new Mack MD series of medium-duty trucks on Jan. 30, with production to start in July in a new manufacturing facility in Roanoke Valley, Virginia.
Nissan has opened its USD $1.5 billion industrial complex in Resende, Rio de Janeiro, Brazil, marking it one of the largest automotive investments by any manufacturer in the country, according to the automaker.
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