advanced technology vehicle manufacturing incentive program

Bright Automotive Chief Operating Officer Mike Donoughe invoked President Barack Obama's recent call for U.S. companies to create American jobs while developing alternative energy sources for transportation by requesting that Congress speed up the company's federal loan process. The company, which ...

Yesterday, General Motors finally submitted its S-1 document to the Securities and Exchange Commission as the first official step towards becoming a publicly traded company again. As we found when Tesla went down this path earlier this year, an IPO means a company has to outline the potential ...

When officials from the U.S. Department of Energy were first evaluating the applications for the Advanced Technology Vehicle Manufacturing program a year ago, General Motors and Chrysler were deemed unworthy. To be eligible for the low interest loan program for retooling plants to build new more ...

Not that it comes as a shock or anything, but word comes from Aptera (by way of Green Car Advisor) that it has officially resubmitted its application for DOE loans. The hopeful manufacturer of three-wheeled electric vehicles had previously ...

When congress established the Advanced Technology Vehicle Manufacturing (ATVM) program in the 2007 energy bill, it explicitly said that it applied to making cars that come under the federal motor vehicle safety standards. Those safety ...

Aptera is planning to build the 2e, a fully electric, extremely efficient, highway-speed vehicle that can seat two occupants, and the company would like to get some funding from the Department of Energy. For its part, the DOE is looking ...

Vice President Joe Biden will be delivering a speech on the economic recovery efforts that have been implemented thus far at the NextEnergy Center in Detroit on Wednesday. The Detroit News is reporting that Biden will be using the occasion to announce the first round of battery research grants from ...

Ford CEO Alan Mulally says the automaker is on track to return to profitability by 2011, despite posting a record $14.7 billion loss in 2008 and a forecast to continue posting losses through the rest of 2009 and 2010. A major portion ...

The other day, Sue Cischke, Ford group vice president of sustainability, environment and safety engineering, said, "If they (the DOE) raise the appropriations from the $25 billion to the $50 billion, we qualify." At the time, we hadn't heard about any plans to increase funding for the Advanced ...

While Ford managed to get $5.9 billion from the DOE's ATVMLP fund yesterday, that's only about half of what the automaker asked for. Ford's original request for help was for $11 billion. And, since the feds are still handing out money at a ...