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

Green Car Congress

This is the fourth conditional loan commitment the Department of Energy has entered into under the Advanced Technology Vehicles Manufacturing (ATVM) Loan program. Engineers will also design tools and equipment and develop manufacturing processes. In the first stage of the program, Fisker Automotive will use a $169.3 Earlier post.)

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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

GM Manufacturing Plans. Columbus, Ohio Close: 31 Dec 2009. Close the gap in active worker labor costs compared with transplant auto manufacturers. Tags: Market Background Policy Vehicle Manufacturers. Plant Status / Timing (or sooner). Orion, Mich. Standby: Sep 2009. Pontiac, Mich. Close: Oct 2009. Spring Hill, Tenn.

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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

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. East Penn Manufacturing Co.

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