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DOE Announces $528.7M Conditional Loan for Fisker Automotive for PHEVs

Green Car Congress

SEPTEMBER 22, 2009

The US Department of Energy is awarding a $528.7-million This is the fourth conditional loan commitment the Department of Energy has entered into under the Advanced Technology Vehicles Manufacturing (ATVM) Loan program. Fisker estimates production of up to 75,000-100,000 of these plug-ins in the US per year beginning in late 2012.

Fisker

Fisker Karma PHEV Columbus

President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

AUGUST 5, 2009

These projects, selected through a highly competitive process by the Department of Energy (DOE), are intended to accelerate the development of US manufacturing capacity for batteries and electric drive components as well as the deployment of electric drive vehicles. Bristol, TN Columbus, GA. General Motors Corporation. Brownstown, MI.

Grant

Grant Lithium Ion Obama St. Louis

EV Driven

DOE Announces $528.7M Conditional Loan for Fisker Automotive for PHEVs

President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

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