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0Aptera 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 ... -
Aptera's chances of getting DOE loan money improving? 1254573960
Aptera 2e final design rendering - Click above to enlargeAptera 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 ... -
BREAKING: Fisker gets $528.7 million loan from U.S. DOE for Karma, Project Nina 1253647080
Fisker Karma - Click above for high-res image galleryFisker'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 conditional loan. The DOE says the loan, "will create or ... -
Washington debates if the Aptera 2e should be considered a car 1252954080
Aptera 2e - Click above for high-res image galleryFor 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 of vehicles like this and others, like the Zap ... -
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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Tesla to use sales revenue, Daimler cash for DOE loans instead of new equity 1247748600
Tesla Model S - click above for high-res image galleryIn 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 ... -
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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Officially, official: Nissan gets $1.6B DOE loan to build EVs, batteries in Tennsessee 1245777480
Nissan EV-02 prototype - click above for high res image galleryNissan 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 ... -
Officially, official: Tesla gets $465m in loans from the DOE to build Model S, EV powertrains 1245775020
Click above for a high-res gallery of the Tesla Model SAfter 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 ...
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