Skip to main content

doe

  • 0
    Report: Fisker could file Chapter 11 as soon as this week
    1365549300

    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 ...

  • 0
    AAA calls on US government to suspend E15 gasoline sales
    1354631340

    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 ...

  • 0
    Report: Did A123 Systems get $1M federal check the same day it declared bankruptcy?
    1353342540

    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 ...

  • 0
    Report: Fisker loan spurs more questions from senators
    1340810940

    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) ...

  • 0
    Report: White House annouces $4.7B effort for advanced-technology vehicles, including EV Everywhere
    1331162280

    It's a big week for compressed natural gas vehicles, thanks to President Obama's announcement today that his administration wants to increase federal support for CNG automobiles by introducing a tax credit similar to the one in place for plug-in vehicles. Plug-in vehicles, too, could get a big ...

  • 0
    Report: Analyst predicts Fisker's demise; spokesman says that's premature
    1329678240

    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 ...

  • 0
    Report: Chrysler abandons plan seeking more federal loans
    1329488880

    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, ...

  • 0
    Report: Fisker lays off employees, renegotiates with DOE [UPDATE]
    1328630460

    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. ...

  • 0
    Carbon Motors petitions for federal loan with open letter to Obama cabinet
    1324234920

    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 ...

  • 0
    Mitsubishi i tops 2012 EPA Fuel Economy Guide
    1321815840

    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 ...

Loading

Loading
Autoblog iPhone App