#LoanPrograms
Department of Energy Looking At Suppliers For Revamped Fuel-Efficiency Loan Program
Established in the waning days of the Bush Administration, the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing Program lent a total of $8.3 billion (out of the budgeted $25 billion) to Nissan, Tesla, Ford and Fisker, yet has not been able to make new loans for a number of reasons since 2011.
That status, however, is about to change.
Cameron Aubernon
Apr 03, 2014
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