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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 in loans through 2011 to help finance numerous engineering advances to traditional internal combustion engines and electrified vehicles. billion for Ford Motor Company; $1.6

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Tesla, Ford and Nissan receive loans boost

Green Cars News

The first conditional loan commitments reached as part of the Department of Energy’s Advanced Technology Vehicles Manufacturing programme has been awarded by the Obama administration. Ford’s award will help finance a number of engineering advances to traditional internal combustion engines and electrified vehicles.

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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 Material is being financed and procured through the New York Power Authority. Chattanooga Area Regional Transportation Authority, Tennessee: $650,000. billion have been made available for transit improvements throughout the US.

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Cadillac’s ambitious move to an all-electric luxury brand by 2030

Charged EVs

Among cutting-edge automotive buyers—the glitterati of Los Angeles, the tech millionaires of Silicon Valley, the finance titans of Wall Street—only one Cadillac is widely recognized. Can the US luxury brand reinvent itself for a modern era…and for China? It’s worth noting that production of 2023 Lyriqs is entirely sold out.

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Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

Automotive.coms auto loan locator can help you get a lower new car finance rate. Let lenders compete for your business! 62) Chryslers first EV will be the Dodge Circuit (41) REPORT: Buyer perception holding back U.S. 62) Chryslers first EV will be the Dodge Circuit (41) REPORT: Buyer perception holding back U.S.

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