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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 Advanced Technology Vehicles Manufacturing Loan Program, first appropriated in the fall of 2008, will provide about $25 billion in loans to companies making cars and components in US factories that increase fuel economy at least 25% above 2005 fuel economy levels. Nissan will receive $1.6 Nissan will receive $1.6

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Road Test: 2022 Lincoln Corsair PHEV Grand Touring AWD

Clean Fleet Report

The Environmental Protection Agency rates the Corsair’s fuel economy at 33 mpg highway and combined when running in hybrid mode only. That number jumps to 78 MPGe, or miles per gallon equivalent, when looking at the car’s electric power. There is a sixth mode of Preserve, which saves the battery charge for later use.

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Ford invests $550 in small and electric vehicles

Green Cars News

To produce the vehicles, Ford is converting three truck and SUV plants to car plants - Michigan Assembly, Cuautitlan Assembly in Mexico, which begins building the new Fiesta subcompact early next year; and Louisville Assembly, which will be converted to produce small vehicles from Ford’s global Focus platform beginning in 2011.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Volkswagen CEO says "Future belongs to electric cars," has gained German government support for development. When people start driving electric cars, where will the electricity come from? When Lutz first proposed creating an electric car in 2003, the idea "bombed" inside GM, he says. "I

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