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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

JULY 21, 2016

During past eight years the number of plug-in electric vehicle models has increased from one to more than 20, battery costs have decreased 70%, and the number of electric vehicle charging stations has increased from less than 500 in 2008 to more than 16,000 today—a 40-fold increase. Louisville Gas & Electric and Kentucky Utilities.

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Obama Charging Financing DC 150
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DOE Finalizes $5.9 Billion Loan for Ford Motor Company

Green Car Congress

SEPTEMBER 19, 2009

billion to Ford Motor Company to transform factories across Illinois, Kentucky, Michigan, Missouri, and Ohio to produce more fuel efficient models. The loan for Ford Motor Company is the first to be finalized since the program was appropriated in the fall of 2008. The US Department of Energy (DOE) has closed on its loan offer of $5.9

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Ford Companies Motor Motors 210
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