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
billion for Ford Motor Company; $1.6 These are the first conditional loan commitments reached as part of the Department of Energy’s Advanced Technology Vehicles Manufacturing program. Ford Motor Company will receive $5.9 billion to produce electric cars and battery packs at its manufacturing complex in Smyrna, Tennessee.
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