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DOE announces the refresh of Advanced Technology Vehicles Manufacturing Loan Program

Posted by Industry News on Apr 4, 2014

Energy Secretary Ernest Moniz, has announced that the Department of Energy is tweaking its Advanced Technology Vehicles Manufacturing Loan Program. This is the program that allocated loans to green automakers between 2009 and 2011 and helped fund Tesla and Fisker. The program will now offer loans to vehicle parts makers, as well as automakers, that are making fuel-efficient parts like next-generation engines, new types of powertrains, light-weight auto

materials, fuel-efficient tires and even advanced electronics. Read more here.