First Three Conditional Loan Commitments Under DOEs ATVM Program go to Ford Motor Company, Nissan Motors and Tesla Motors
Green Car Congress
JUNE 23, 2009
The Obama Administration is awarding $8 billion in three conditional loan commitments for the development of innovative, advanced vehicle technologies: $5.9 billion to produce electric cars and battery packs at its manufacturing complex in Smyrna, Tennessee. billion for Ford Motor Company; $1.6 billion to Nissan North America, Inc.;
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