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    Study: Each Karma 'cost' Fisker $660,000 to produce

    Looks like the $100,000 or so Leo and Bieber plunked down for their Fisker Karma extended-range plug-in vehicles may have been a bargain. The California-based automaker, which appears to be headed for bankruptcy, spent an estimated $660,000 for every one of fewer than 2,500 vehicles it made ...

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    Report: Coda gives up on federal government loans, for now

    Who needs the federal government when you have a big Chinese company behind you? That's what electric-vehicle maker Coda Automotive appears to be asking, now that the Los Angeles-based company has withdrawn its two-year-old request for $334 million in U.S. Department of Energy loans, according ...

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    Report: DOE's clean-energy loan guarantees will cost taxpayers 46% less than expected

    If the mainstream media has reported on the U.S. Department of Energy's (DOE) loan guarantees for advanced technologies, it's been about the controversy. Solyndra! But here's the news you probably haven't heard: the federal government loan guarantees will cost the American public about 46 percent ...

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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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    Report: Musk: Tesla "will not be applying" for additional DOE loan

    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 ...

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    GM to gov't: $2.6 billion for more Volt hybrid models, please

    GM's updated business plan, released yesterday, says that the company hopes to build three new hybrid models, including two Chevy Volt spin-offs, using $2.6 billion in loans from the U.S. government. General Motors is asking for the money as part of the DOE program to help companies develop and ...


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