Department of Energy

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 plug-in luxury sedan laid off about 65 workers and contractors in Delaware and California while renegotiating loan details with the U.S. Department of ...

The Detroit News reports Chrysler is walking away from the company's pursuit of low-interest Department of Energy loans. The automaker originally applied for an $8.55 billion loan when it was still under Cerberus Capital Management, though the figure had since shrunk to $3.5 billion. The DOE, ...

This isn't good. The Associated Press is reporting that Fisker Automotive has stopped production of the Fisker Karma (UPDATE: Not true, says Fisker PR: "We are currently producing 20-25 Karmas a day and will continue to do so.") and laid off 26 Delaware employees and 40 contractors in California. ...

Carbon Motors, the manufacturer of the purpose-built E7 law enforcement vehicle, has sent an open letter to members of President Barack Obama's cabinet urging the administration to approve the company's Department of Energy Advanced Technology Vehicle Manufacturing loan. Carbon Motors applied for ...

What's the most fuel-efficient vehicle sold in the United States? Well, for 2012 it's the Mitsubishi i, at least according to the Environmental Protection Agency and the Department of Energy. The federal agencies have issued the latest edition of their Fuel Economy Guide, and Mitsubishi's ...

We haven't heard much from Tesla of late, but that may be because the upstart electric car maker is hard at work getting the Model S to market, as promised, before the end of 2012. The Model S itself is the product of a $465 million loan from the U.S. Department of Energy, but that's not the last ...

Is Nissan making play for diesel? According to our friends at PickupTrucks.com, it sure seems that way... at least for pickup truck duty. Thanks to some cash from the U.S. Department of Engery, Cummins is developing a four-cylinder oil-burner, and it's currently nestled under the hood of a ...

The Department of Energy began its Advanced Technology Vehicle Manufacturing Loan program in September of 2008. Over 100 companies applied with monetary requests totaling $42.7 billion. The DOE has $25 billion to provide, and so far it's only handed out $8.5 billion. This is bad news for quite a ...

Carbon Motors Corp. plans to deliver its first police car in 2013 – assuming the company's request for a $310 million loan from the U.S. Department of Energy is approved. As we mentioned nearly three years ago, Carbon is diving into ...

General Motors has been awarded $2.7 million by the Department of Energy to create a working prototype engine using Shape Memory Alloys (SMA). The idea is for the prototype to use SMA tech to capture heat energy from engine exhaust gasses via an electric generator and transfer that energy to ...