article thumbnail

First Three Conditional Loan Commitments Under DOEs ATVM Program go to Ford Motor Company, Nissan Motors and Tesla Motors

Green Car Congress

The Obama Administration is awarding $8 billion in three conditional loan commitments for the development of innovative, advanced vehicle technologies: $5.9 billion for Ford Motor Company; $1.6 billion to Nissan North America, Inc.; and $465 million to Tesla Motors. Nissan will receive $1.6

article thumbnail

US DOT Awards $100M in Recovery Act Funds to 43 Transit Projects to Reduce Energy Consumption and Greenhouse Gas Emissions

Green Car Congress

Since President Obama signed ARRA into law in February, grants totaling more than $7.2 Battery Powered Zero Emission Circulator Buses: Innovative Quick Opportunity Charge, Lithium-Ion Titanate Battery Powered Community Bus program. Greater Cleveland Regional Transit Authority, Ohio: $2,257,000. The DOT is making $48.1

Emissions 256