Ramaswamy will co-lead the planned Department of Government Efficiency along with Tesla CEO Elon Musk. One of the loans is ...

Rivian secured a big win last month when the Biden administration approved a $6.6 billion loan to fund construction of its ...

Plus, Stellantis gets a $7.5 billion loan for building batteries, and GM backs out of its nearly-completed battery plant.

The Biden administration is providing financing for two battery factories being built by Stellantis and Samsung, as well as a ...

Some GOP lawmakers want to make sure Department of Energy financing supports all energy sources. Others want to kill the loan office altogether.