doe loans

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 ...

Hiccup or death knell? That's what watchers of California-based automaker Fisker Automotive are trying to figure out after the maker of the Karma extended-range plug-in luxury sedan laid off about 65 workers and contractors in Delaware and California while renegotiating loan details with the ...

If you worry that you might lose $10 billion but then only lose $3 billion, is that a success? That's the current fiscal reality of the Department of Energy's advanced energy projects loan guarantee program, the one that most people know simply because it gave a loan guarantee to Solyndra, which ...

Despite reports to the contrary, Tesla Motors won't ask the U.S. Department of Energy for an additional Advanced Technology Vehicles Manufacturing (ATVM) loan, according to the automaker's chief executive officer. Palo Alto-based Tesla has "significant" capital reserves and more than enough funds ...

One of the many, many contentious issues that make up the ongoing pointless battles between the Democrats and Republicans in Washington, D.C. is the Solyndra case, about how the now-bankrupt solar-power company got loan guarantees. Republicans say the Obama Administration pushed the loans through ...

Republican leaders in the House of Representatives reportedly want to cut in half the balance of a U.S. government fund, the Department of Energy's Advanced Technology Vehicles Manufacturing (ATVM) Loan Program, that was set aside to help the automotive industry develop more fuel efficient ...

Today, General Motors basically told the U.S. government: we're doing fine. It did this by withdrawing its $14.4 billion loan request from the Department of Energy (DOE) through the Advanced Technology Vehicles Manufacturing Loan Program (ATVMP). The withdrawl request was conveyed to the DOE this ...

To date, only four loans from the DOE's Advanced Technology Vehicles Manufacturing Loan (ATVMP) program have been fully processed: $528.7 million to Fisker, $1.4 billion to Nissan, $465 milion to Tesla and $5.9 billion to Ford. Add them all up, and you get to around $8.3 billion. That might sound ...

Chrysler, the recently bankrupt automaker that accepted billions in government aid last year, is reportedly next in line to receive new technology loans from the U.S. Department of Energy. Ford, Tesla, ...

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 ...