Department of Energy

Incentive: The ATVM Loan Program provides loans to automobile and automobile parts manufacturers for the cost of re-equipping, expanding, or establishing manufacturing facilities in the United States to produce advanced technology vehicles or qualified components, and for associated engineering integration costs.

Total funding for the program is $25 billion dollars. Previous awards have ranged from $50 million to $5.9 billion dollars.

Eligibility: The project must be performed in the United States. Also, the advanced technology vehicle related to the funded project must be sold in the United States.

When: Ongoing

Website: http://lpo.energy.gov/?page_id=43

Contact:

Department of Energy

202-586-8146

atvm[at]hq.doe[dot]gov