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advanced vehicle technology loan
In the "it may be broke, but we ain't fixing it" department, the US government has decided not to shutter the $25 billion Department of Energy loan program geared to accelerate advanced-powertrain technology development, the Detroit News reports. Given the opportunity to cut a mere $6 million in ...
Who needs the federal government when you have a big Chinese company behind you? That's what electric-vehicle maker Coda Automotive appears to be asking, now that the Los Angeles-based company has withdrawn its two-year-old request for $334 million in U.S. Department of Energy loans, according ...