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    Report: US predicts gas will still be king in 2040
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    A new report from the Department of Energy predicts that gasoline will still be the fuel of choice for a vast majority of the auto industry over 25 years from now, although it will be slightly less dominant than it is today. The report, from the DoE's Energy Information Agency, predicts that by ...

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    Report: Fisker loan likely won by Hong Kong tycoon
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    Fisker, which made the $100,000+ Karma plug-in hybrid until it shuttered its plant 15 months ago, is said to finally have a buyer in an investment group led by Richard Li, one of Hong Kong's richest men. That's according to a new Reuters report, which notes that the the deal remains private since ...

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    Report: Fisker's remains on the auction block this week
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    How will a federal government that is partially shut down sell an automaker that is all-but-shut-down? We'll find out Friday when the Department of Energy starts an auction for what is left of Fisker's assets, according to TheDetroitBureau.com. The DOE said last month that auctioning off the ...

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    Report: Move over Audi, now Chrysler has a beef with Tesla's claims
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    In the same week that Audi said "not so fast" to some claims from Tesla, Chrysler has responded to a new press release from the California-based EV-maker by saying "not exactly, Tesla." The statement, released through the company's blog, comes in response to Tesla claiming it was "the only ...

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    Report: Fisker could file Chapter 11 as soon as this week
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    Fisker Automotive looks to be headed towards bankruptcy protection. Automotive News reports the automaker could file Chapter 11 as soon as this week as the US Department of Energy attempts to get the company to give back around $200 million in federal loans. The manufacturer's lawyers have ...

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    Report: Carbon Motors pulls out of Indiana plant, future uncertain
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    Three years ago, Carbon Motors chose one corner of a shuttered Visteon plant in Connersville, Indiana as the location to build its diesel-powered E7 dedicated police cruiser. Carbon intended to invest $350 million to start production, providing 1,500 jobs at the same time. That investment, ...

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    Report: Obama picks new leaders for Dept. of Energy and EPA
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    President Barack Obama announced his nominees to lead the Environmental Protection Agency and the Department of Energy today. After speaking out about global warming in both his Inaugural Address and State of the Union speech this year, the President hopes that the new appointees will help lead ...

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    AAA calls on US government to suspend E15 gasoline sales
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    AAA has released a statement urging government regulators to postpone the sale of E15 gasoline until more consumers can be educated on the fuel. According to the organization, 95 percent of drivers polled have never heard of the fuel, which is a blend of 15 percent ethanol and 85 percent ...

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    Report: Did A123 Systems get $1M federal check the same day it declared bankruptcy?
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    Automotive News reports A123 Systems, an electric vehicle battery manufacturer, received a disbursement check from the federal government on the same day the company filed for bankruptcy. On Oct. 16, A123 received $946,830 as the latest portion of a clean energy grant from the US Department of ...

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    Opinion: Hydrogen fuel cells may get a shot at batteries after all
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    What Changed DOE Secretary Steven Chu's Mind About Hydrogen Fuel Cells Natural gas now being retrieved from shale provides an enormous source of hydrogen. He'll never use the word "fracking," but thanks to that new drilling technique, the U.S. Secretary of Energy now admits he's changed ...

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    Report: Fisker loan spurs more questions from senators
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    Um, about that $337 million. Fisker Automotive and its pending federal government loan has spurred a letter from two U.S. senators to Energy Secretary Steven Chu questioning the appropriateness of the loan, The Detroit News reports. In their letter to Chu, senators John Thune (R-South Dakota) ...

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    Report: Analyst predicts Fisker's demise; spokesman says that's premature
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    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 ...

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    Report: Chrysler abandons plan seeking more federal loans
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    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, ...

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    Report: Fisker lays off employees, renegotiates with DOE [UPDATE]
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    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. ...

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    Carbon Motors petitions for federal loan with open letter to Obama cabinet
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    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 ...

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    Mitsubishi i tops 2012 EPA Fuel Economy Guide
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    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 ...

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    Report: Tesla asks for another loan from the Feds
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    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 ...

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    Report: Cummins developing four-cylinder diesel for Nissan Titan
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    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 ...

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    Report: Feds delay auto-tech loans
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    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 ...

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    Report: Carbon Motors still awaiting Fed loan approval, hoping to have first patrols on streets in 2013
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    Carbon Motors E7 - Click above for high-res image gallery
    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 ...

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