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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

Green Car Congress

A letter was signed and delivered to the White House by the Alliance of Automobile Manufacturers (AAM), the Association of International Automobile Manufacturers (AIAM), the Electric Drive Transportation Association (EDTA) and the Edison Electric Institute (EEI). Under the American Recovery and Reinvestment Act, $2.4

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New Automotive Technology Companies Struggle for Recognition in DC

Green Car Congress

Aptera’s application for $75 million from the DOE’s ATVM loan program has sparked a debate not only over whether or not to recognize a 3-wheeler (i.e., The DOE ruled last year that Aptera’s 2e did not qualify under the $25 billion loan program because a three-wheeled vehicle doesn’t meet the definition of an automobile under federal law.

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KORE will get conditional OK for $850M U.S. mortgage for EV battery plant

Baua Electric

This system now trade in $412 billion in low-interest loans to firms onshoring the build of fuel-efficient automobiles and their elements. This system helped identify electrical automakers Tesla and Fisker Automobile. Alternative traders integrated Nidec Motor Corp., Honeywell Ventures and Trog Hawley Capital.