Automotive News Video: U.S. plans $544 million loan for silicon carbide wafer production in Michigan
Automotive News Video: U.S. plans $544 million loan for silicon carbide wafer production in Michigan The U.S Department of Energy has conditionally agreed to lend over half a billion dollars to a subsidiary of South Korean tech giant SK Group. The loan is intended to support the expansion of a silicon carbide semiconductor wafer facility. (Tierra Riddick)