The chances that Bright Automotive will get $450 million from the Advanced Technology Vehicles Manufacturing loan program (ATVMLP) might have gone up a bit thanks to a recent visit from a representative of the Obama Administrative. Teno Villarreal, special assistant for the Office of Recovery for Auto Communities and Workers, spent time in Anderson, IN, last week and learned more about the the Bright Idea plug-in hybrid van. Representatives from the start-up automaker told Villarreal that up to 6,000 jobs could be created if the Idea goes into production (up from 5,000 claimed earlier). Villarreal's response was, "It's great technology, a great company. There's real excitement about the possibilities at Bright." So, maybe?
[Source: The Herald Bulletin]