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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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    Official: DOE rejects $310M loan for Carbon Motors to build advanced police cars
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    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: 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: 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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    Chrysler next to get billions in federal technology loans?
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    Chrysler Pentastar V6 engine begins production – Click above for high-res image gallery
    Chrysler, the recently bankrupt automaker that accepted billions in government aid last year, is reportedly next in line to receive new technology loans from the U.S. Department of Energy. Ford, Tesla, ...

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    DC 2010: DOE Secretary Chu announces closing of Nissan's $1.4 billion loan for Leaf electric vehicle
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    Department of Energy Secretary Chu announced the closing of Nissan's $1.4 billion Advanced Technology Vehicle Loan Program loan (originally, the amount was for $1.6 billion) today during the Washington Auto Show. As expected, this money will used to kick off production of the Leaf in the ...

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    Congress approves three-wheelers for DOE funds
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    Aptera 2e final design rendering - Click above to enlarge
    Following months of debate, Congress has approved a bill that will pave the way for three-wheeled vehicle manufacturers like Aptera to qualify for funding from the Department of Energy. Next step: President Obama's desk, and the ...

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    Ford, Nissan, Tesla all big winners in DoE advanced technology loans
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    Ford Focus EV Mule - Click above for high-res gallery
    The U.S. Department of Energy has finally announced the first recipient of low interest loans under its Advanced Technology Vehicle Manufacturing Incentive Program. The first recipient is Ford, and analysts believe the DoE will award sums to ...

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    REPORT: Nissan considering building EVs and batteries in the U.S.
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    Nissan EV-02 prototype - click above for high res image gallery
    Earlier this year, Nissan applied for low interest loans under the Department of Energy Advanced Technology Vehicle Manufacturing Incentive Program. In order to qualify for those loans, Nissan would have to use the government funds to ...

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