Battery anode technology developer Sila has received a conditional loan commitment of up to $1.4 billion from the US Defense Department’s Office of Strategic Capital (OSC). The financing would support the expansion of Sila’s silicon-carbon (Si/C) anode manufacturing capacity at its plant in Moses Lake, Washington, as well as the buildout of a lithium-ion battery cell manufacturing facility. Sila intends to expand the Moses Lake plant using its n…
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