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Nissan applies for DOE loan program, purpose unknown

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 bill to help automakers and suppliers pay for the costs of developing and tooling to build more efficient vehicles that meet the new CAFE requirements. The 75 applications so far equal total requests of $38 billion, so some companies are expected to ... Read more →

EnerDel has applied for $480 million in federal loans to crank up battery production Sam Abuelsamid

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 ...

Tesla says federal loans needed for Model S sedan Sebastian Blanco

After yesterday's good news regarding delivery of the 100th Tesla Roadster, it's back to number-crunching reality. Tesla CEO Elon Musk told the Detroit Free Press that if the electric car maker ...

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 ...

EnerDel has applied for $480 million in federal loans to crank up battery production 11 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 ...

Tesla says federal loans needed for Model S sedan 11 months ago on Autoblog Green

After yesterday's good news regarding delivery of the 100th Tesla Roadster, it's back to number-crunching reality. Tesla CEO Elon Musk told the Detroit Free Press that if the electric car maker doesn't get a $350 million loan from the government, then the Model S will be delayed and San Jose plant ...


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