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DOE Turns Down V-Vehicle Loan Applications

Green Car Congress

million to re-equip and tool an existing manufacturing facility as VVC’s first regional assembly plant in Monroe, Louisiana. The DOE conducted an extensive technical, market, financial, regulatory, credit and legal analysis following its determination that the applications were substantially complete in May 2009.

San Diego 186
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EPA Administrator broadly outlines Trump Administration thinking on fuel economy standards and California

Green Car Congress

Which is one reason why electric vehicles are still—despite billions of dollars in subsidies—less than 2 percent of new vehicle sales. Of the roughly 57,000 households that received the EV tax credit in 2016, nearly 80 percent had at least a six-figure income. Those costs are passed on to consumers.