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Congress approves three-wheelers for DOE funds

Following months of debate, Congress has approved a bill that will pave the way for three-wheeled vehicle manufacturers like Aptera to qualify for funding from the Department of Energy. Next step: President Obama's desk, and the Commander-in-Chief is reportedly expected to sign the bill into law in short order. Rep. Brian Bilbray, a Republican from California that co-sponsored the bill, says: This is a huge win for scientific innovation and the environment. We need more innovation and less regulation when it comes to promoting new ways to ... Read more →

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 ...

Fox News criticizes - and misleads viewers on - Tesla, Fisker DOE loans Sebastian Blanco

Pop quiz: what country is Tesla Motors based in? England? Wrong. What about Fisker Automotive? Finland? Wrong again, but if you gave those two answers, you might be qualified to be on Fox News and ...

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 ...

Tesla to use sales revenue, Daimler cash for DOE loans instead of new equity Sam Abuelsamid

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 ...

Columnist: Plug-in cars are the new ethanol-style boondoggle 4 months ago on Autoblog Green

The amount of money that the U.S. federal government poured into corn ethanol is legendary. Today, we're left with a floundering ethanol economy and a few happy corn farmers but not an abundance of the biofuel powering the nation's cars. A columnist for the Washington Examiner thinks that we're ...

Ford could electrify 10-25 percent of its fleet by 2020 4 months ago on Autoblog Green

With Ford taking on a $5.9 billion loan from the DOE and President Obama in favor of a million plug-in vehicles by 2015, how might the money help Ford put plugs on upcoming vehicles. Ford was quite clear that the DOE money will be used to improve the fuel efficiency of 13 models and get them on ...

Huh? Detroit News columnist criticizes Tesla loan, but not exactly in a brilliant manner 4 months ago on Autoblog Green

Manny Lopez does not appreciate Tesla Motors getting $465 million from the Department of Energy. The Detroit News columnist wrote an article published today that calls the money "an all-out gift to Tesla, the Silicon Valley startup that makes cars for the rich and famous" and said that Tesla ...

Officially, official: Ford gets $5.9b from DOE in ATVMP funds for 13 greener cars 5 months ago on Autoblog Green

The third piece of the DOE's funding puzzle that was laid out this morning goes, as expected, to Ford. What's notable is that Ford's share of the $8 billion in conditional loan commitments that the DOE announced today for electric cars is by far the largest: $5.9 billion. To compare, Nissan ...

Officially, official: Nissan gets $1.6B DOE loan to build EVs, batteries in Tennsessee 5 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. ...

Ford gets first DoE loan, Nissan and Tesla expected winners 5 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. 5 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 ...

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 ...

A little sunlight on the Nissan DOE loan: it's for EVs 9 months ago on Autoblog Green

Automotive News has answered the question why Nissan applied for that DOE loan program: electric cars and advanced batteries, despite the lack of plans for development in the mid-term. Nissan hasn't confirmed the amount of money it wants to borrow even though the application was sent in in ...

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, ...

Nissan applies for DOE loan program, purpose unknown 9 months ago on Autoblog Green

To date there have been 75 applications for low cost loans from the US Department of Energy through the Advanced Technology Vehicles Manufacturing Incentive Program. Only one of those has been from a Japan-based automaker, Nissan. The ATVMIP is the $25 billion fund created as part of the 2007 energy ...

AFS Trinity updates PHEV crossover, applies for $2.5B loan from DOE 9 months ago on Autoblog Green

AFS Trinity has been making some awfully big claims for its Saturn Vue-based PHEV since its debut last year. Since it launched, the company has touted its 150 mpg capability. As with all such combination plug-in/ICE vehicles your mileage will vary radically depending on your driving cycle. This ...

EnerDel has applied for $480 million in federal loans to crank up battery production 10 months ago on Autoblog Green

Lithium ion battery maker EnerDel wants to tap into some of the $25 billion that Congress set aside to help fund advanced vehicle manufacturing in the 2007 energy bill. EnerDel has applied for low interest loans totaling $480 million to help fund the construction of manufacturing capacity for ...


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