37 Articles
Report
DOE auctioning off Fisker's $168-million loan

If you've ever wanted to buy Fisker Automotive – not just a Karma, but the whole company – the opportunity is coming. The federal government is looking for a buyer for the automaker's $168 million Department of Energy debt note. That number comes from the original loan commitment of $528 million

Report
DOE restarting ATVM loan program famous for backing Tesla, Fisker

There have been some very public successes and failures from the Department of Energy's Advanced Technology Vehicle Manufacturing loan program, most notably Tesla and Fisker, but the US government is not yet finished. It's been a while – no ATVM loans have been given out since 2011 – but the DOE is finally getting ready to find homes for the billions still at hand. DOE spokeswoman Aoife McCarthy told <

Video
Following Tesla's good news, Fox conveniently forgets government loan

It's been a while since we've paid attention to Fox News attacking electric cars, but has it really been long enough for them to forget some pretty salient details? Looks like it has, according to a new video from Media Matters, which splices together clips from before Tesla Motors made its big profit announcement and the compan

Report
Tesla involved in federal probe? News to us, says Tesla

A recent report indicates that there's a dark and shadowy secret just waiting to wreck havoc on Tesla Motors: a federal probe into whether, as the conservative Washington Times puts it, "the automaker was using foreign instead of American parts in manufacturing their electric vehicles." Tesla has Sebastian Blanco

EDTA to Congress: don't steal AVTM money to fund FEMA

On Tuesday, the House Appropriations Committee approved the FY12 Homeland Security Appropriations bill (pdf). As part of this bill, the Committee pushed through an amendment that adds $1 billion in funding for the Federal Emergency Management Agency's (FEMA) disaster relief fund.

Aptera: We need government money to bring vehicle to market

What's been happening at Aptera? The hyper-aerodynamic vehicle company is still moving forward, just not as fast as the original plans called for (remember when the car was supposed to be available in 2009 2010?). In the company's latest email newsletter, much space is dedicated to explaining where thing stand with

XP Vehicles has an idea: file a lawsuit against the DOE for ATVMP funds

Remember XP Vehicles, the "pre-revenue start-up" that issued a statement 13 months ago saying it was "Extremely Disappointed in DOE Rejection of [its] ATVM Application" and asking people to petition the government to help the company? The rejection came after XP asked for money from the Department of Energy's Advanced Technology Vehicles Manufacturing program (ATVMP) to develop its electri

V-Vehicles tours D.C. with secretive high-mpg concept, still no pics

V-Vehicle started with a strategy of secrecy and keeps on walking down the same path. A bit of corporate glad-handing brought the company's prototype vehicle to elected officials and DOE representatives in D.C. yesterday and, true to form, the event was off-limits to the general public (just like a similar event for Louisiana Gov. Bobby Jindal and others in Louisiana last week). The c

/ 2