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Aptera officially resubmits application for DOE loan

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 submitted an application for funds from the DOE's Advanced Technology Vehicle Manufacturing (ATVM) program, but the application was declined as the funds were only available for four-wheeled vehicles. Now that President Obama and Congress have revised the ATVM program to include three-wheeled cars that ... Read more →

President signs bill expanding ATVM program to three wheelers Sam Abuelsamid

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 ...

Aptera's chances of getting DOE loan money improving? Jeremy Korzeniewski

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 ...

BREAKING: Fisker gets $528.7 million loan from U.S. DOE for Karma, Project Nina Sebastian Blanco

Fisker's goal of becoming profitable by 2011 received a shot in the arm today thanks to the U.S. Energy Department's announcement that the upstart automaker will receive a $528.7 million ...

Washington debates if the Aptera 2e should be considered a car Sam Abuelsamid

For some time now we have been discussing the status of vehicles like the Aptera 2e. While Aptera's tear drop-shaped creation promises to be highly efficient, there are concerns about the safety ...

Report: VP Joe Biden to announce stimulus battery grants in Detroit on Wednesday 3 months ago on Autoblog Green

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 ...

Tesla to use sales revenue, Daimler cash for DOE loans instead of new equity 4 months ago on Autoblog Green

In the months leading up to the recent announcement that Tesla Motors would receive $465 million in low cost loans from the Department of Energy, we expressed some skepticism that the company would qualify. Our skepticism was based in part on the program requirement to raise matching equity ...

House now considering doubling $25 billion DOE ATVM program 4 months ago on Autoblog Green

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 ...

Officially, official: Nissan gets $1.6B DOE loan to build EVs, batteries in Tennsessee 4 months ago on Autoblog Green

Nissan has just announced that the Department of Energy has approved its request for a $1.6 billion low interest loan under the ATVM program. The money will be used to update the Smyrna, TN factory to build up to 150,000 battery electric vehicles and 200,000 lithium ion battery packs annually. ...

Officially, official: Tesla gets $465m in loans from the DOE to build Model S, EV powertrains 4 months ago on Autoblog Green

After many months of anxiously waiting, Tesla Motors officially got the word from the Department of Energy that it would the loan interest loans that it was seeking. Tesla and the DOE announced that the California EV maker will get two loans totaling $465 million from the Advanced Technology ...

Ford gets first DoE loan, Nissan and Tesla expected winners 4 months ago on Autoblog Green

The U.S. Department of Energy will finally announce the first recipient of low interest loans under the Advanced Technology Vehicle Manufacturing Incentive Program. The first winner is Ford, and analysts expect the DoE to announce Nissan and Tesla Motors, as well. Ford applied for up to $11 ...

REPORT: Nissan considering building EVs and batteries in the U.S. 4 months ago on Autoblog Green

Earlier this year, Nissan applied for low interest loans under the Department of Energy Advanced Technology Vehicle Manufacturing incentive Program. In order to qualify for those loans, Nissan would have to use it to build something in the U.S. It now appears that if Nissan gets the loan it ...

VIDEO: Elon 99 per cent sure of DOE loan, calls NYT writer "a huge douchebag" 7 months ago on Autoblog Green

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 ...

No DOE ATVM loan money for GM and Chrysler 7 months ago on Autoblog Green

The same rules that could potentially end up keeping Tesla from qualifying for low interest loans from the Department of Energy Advanced Technology Vehicle Manufacturing Incentive Program are also keeping General Motors and Chrysler out of the running. In order to qualify for the loan program, an ...

Aptera to go to Washington to fight for DOE loans 8 months ago on Autoblog Green

Aptera wants a piece of the $25 billion Department of Energy Advanced Technology Vehicle Manufacturing Program loan pie. Unfortunately for the California startup they can't have any because the program is companies making high efficiency "cars." That means vehicles that pass all federal motor ...

Tesla to unveil Model S on March 26, hopes for DOE money by summer 9 months ago on Autoblog Green

In a newsletter distributed today by Tesla Motors, CEO Elon Musk provides an update on the business including an announcement that a driveable prototype of the Model S would be unveiled on March 26. The Model S reveal will take place at the Southern California headquarters of Musk's other company, ...


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