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0Report: Chrysler withdraws government loan request, calls DOE terms too restrictive 1329434160
If you have a hate on for automakers that take government money then it may be time to upwardly revise your feelings towards Chrysler. The pentastar brand had originally sought up to $7 billion from the Advanced Technology Vehicles Manufacturing (ATVM) loan program, though since its original ...
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EDTA to Congress: don't steal AVTM money to fund FEMA 1306518960
On Tuesday, the House Appropriations Committee approved the FY12 Homeland Security Appropriations bill (pdf). As part of this bill, the Committee pushed through an amendment that adds $1 billion in funding for the Federal Emergency Management Agency's (FEMA) disaster relief fund. That's all fine ...
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General Motors IPO filing focuses on green technologies, serious risks 1282233360
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 ...
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General Motors, Chrysler now eligible for ATVM re-tooling loans 1273858140
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 ...
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Aptera officially resubmits application for DOE loan 1256928720
Aptera 2e final design rendering - Click above to enlargeNot 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 ... -
President signs bill expanding ATVM program to three wheelers 1256904240
Aptera 2e final design rendering - Click above to enlargeWhen 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 ... -
Report: VP Joe Biden to announce stimulus battery grants in Detroit on Wednesday 1249395960
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 ...
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Mulally: Ford's path to profitability based on electrification 1246134120
2010 Ford Fusion Hybrid - Click above for high-res image galleryFord 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 ... -
House now considering doubling $25 billion DOE ATVM program 1246106580
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 ...
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VIDEO: Elon 99 per cent sure of DOE loan, calls NYT writer "a huge douchebag" 1239485460
Since it was announced that the highly quotable Bob Lutz would be departing from his General Motors management spotlight, automotive bloggers and reporters everywhere have been mourning the loss of an executive with such an exquisite way with words. Now it appears that the pining may have been ...

