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    Official: Elio Motors $185-million request advances under DOE's restarted ATVM loan program
    Paul Elio's 84-mpg Trike Constantly Getting Closer To Reality 1414151940

    Controversial, helpful and finally put on hiatus, the Advanced Technology Vehicles Manufacturing (ATVM) loan program from the Department of Energy (DOE) has had a tremendous impact on the current flock of plug-in vehicles. Before being paused in 2011, the ATVM handed out money to Ford ($5.9 ...

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    Official: DOE ready for more AVTMP loans, now focusing on suppliers

    The Department of Energy handed out four big loans in the Advanced Technology Vehicle Manufacturing loan program (ATVM): Fisker got $528.7 million (then went bankrupt) Nissan got $1.4 billion, Ford got $5.9 billion (both are repaying on schedule, as far as anyone knows) and Tesla got $465 milion, ...

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    Report: DOE auctioning off Fisker's $168-million loan

    If you've ever wanted to buy Fisker Automotive – not just a Karma, but the whole company – the opportunity is coming. The federal government is looking for a buyer for the automaker's $168 million Department of Energy debt note. That number comes from the original loan commitment of ...

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    Report: DOE restarting ATVM loan program famous for backing Tesla, Fisker

    There have been some very public successes and failures from the Department of Energy's Advanced Technology Vehicle Manufacturing loan program, most notably Tesla and Fisker, but the US government is not yet finished. It's been a while – no ATVM loans have been given out since 2011 – ...

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    Video: Following Tesla's good news, Fox conveniently forgets government loan

    It's been a while since we've paid attention to Fox News attacking electric cars, but has it really been long enough for them to forget some pretty salient details? Looks like it has, according to a new video from Media Matters, which splices together clips from before Tesla Motors made its big ...

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    Official: Tesla pays back $465M DOE loan, Musk says 'I hope we did you proud'

    We're willing to bet there are bottles of champagne popping all the way from Washington, DC to Palo Alto, CA today with the announcement that Tesla Motors has, as suspected, paid off the entirety of its $465-million Department of Energy loan. "I hope we did you proud" - Elon Musk As far back ...

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    Report: Tesla involved in federal probe? News to us, says Tesla

    A recent report indicates that there's a dark and shadowy secret just waiting to wreck havoc on Tesla Motors: a federal probe into whether, as the conservative Washington Times puts it, "the automaker was using foreign instead of American parts in manufacturing their electric vehicles." Tesla has ...

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    Report: Tesla will start repaying loans by end of this year

    A week after Tesla Motors announced it would be able to deliver the first Model S in June, a month ahead of the original July release date, the startup automaker continued the good news by announcing it will start repaying the Energy Department loans it got in 2009. The $465 million loan was ...

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    Official: Carbon Motors' $310 million DOE loan for police-car production rejected

    Carbon Motors, maker of the purpose-built E7 police car, won't receive the $310 million in U.S. Department of Energy (DOE) loans under the Advanced Technology Vehicle Manufacturing (ATVM) program that it applied for almost three years ago, and said that it's a victim of politics. "We are ...

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    Official: Bright Automotive gets dimmed, will shut down because of DOE loan program delays

    Bright Automotive will shut down after the maker of the extended-range plug-in utility vehicles said the federal government took too long to make good on its planned loans to the Michigan-based company, the Wall Street Journal reports, citing a letter company executive sent to U.S. Energy ...

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    Official: Bright Automotive says it's ready to heed Obama's call for more jobs, just needs its loan approved

    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 ...

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    EDTA to Congress: don't steal AVTM money to fund FEMA

    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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    Aptera: We need government money to bring vehicle to market

    What's been happening at Aptera? The hyper-aerodynamic vehicle company is still moving forward, just not as fast as the original plans called for (remember when the car was supposed to be available in 2009 2010?). In the company's latest email newsletter, much space is dedicated to explaining ...

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    XP Vehicles has an idea: file a lawsuit against the DOE for ATVMP funds

    Remember XP Vehicles, the "pre-revenue start-up" that issued a statement 13 months ago saying it was "Extremely Disappointed in DOE Rejection of [its] ATVM Application" and asking people to petition the government to help the company? The rejection came after XP asked for money from the ...

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    V-Vehicles tours D.C. with secretive high-mpg concept, still no pics

    V-Vehicle started with a strategy of secrecy and keeps on walking down the same path. A bit of corporate glad-handing brought the company's prototype vehicle to elected officials and DOE representatives in D.C. yesterday and, true to form, the event was off-limits to the general public (just like ...

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    DOE finalizes Fisker's $528.7 million loan *UPDATE

    Fisker Sunset – Click for high-res image gallery
    Back in January, when we heard that the Department of Energy (DOE) had completed the paperwork for its $1.4 billion loan to Nissan, we accidentally worried a few people by using DOE-speak in the headline: "DC 2010: DOE Secretary Chu announces ...

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    Darryl Siry: How the Energy Department stifles innovation

    Darryl Siry is making the most of his perch at Wired's Autopia to bring interesting discussion topics to the attention of the green car community. The latest: how the U.S. Department of Energy's Advanced Technology Vehicle Manufacturing Program (ATVMP) – intended to help put cleaner ...

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    Aptera officially resubmits application for DOE loan

    Aptera 2e final design rendering - Click above to enlarge
    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 ...

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    President signs bill expanding ATVM program to three wheelers

    Aptera 2e final design rendering - Click above to enlarge
    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 ...

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    Aptera's chances of getting DOE loan money improving?

    Aptera 2e final design rendering - Click above to enlarge
    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 ...


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