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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. billion for Ford Motor Company; $1.6 and $465 million to Tesla Motors.

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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

General Motors Corp. GM Manufacturing Plans. Columbus, Ohio Close: 31 Dec 2009. Close the gap in active worker labor costs compared with transplant auto manufacturers. reached agreements with the US Treasury and the governments of Canada and Ontario for the creation of a smaller, self-sustaining “New GM”. Orion, Mich.

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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. billion in funding under the American Recovery and Reinvestment Act.

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