Tag: doe
Fisker Automotive finally purchased
Fisker Automotive, the creators of the forward thinking Karma range extended hybrid, have finally been purchased. According to a report from Automotive News, Chinese...
AM General acquires Vehicle Production Group
AM General has paid $3 million to acquire an U.S. Energy Department loan for a now-shuttered Vehicle Production Group (VPG) that made vans for...
DOE selling $192M Fisker Automotive loan
The US Energy Department (DOE) will sell a $192 million loan made to struggling California-based electric car maker Fisker Automotive Inc., according to a...
DOE awards $45M in grants for vehicle research
The U.S. Energy Department announced a $45 million in 38 grants to accelerate the research and development of vehicle technologies to improve fuel efficiency...
Tesla repays DOE $451.8M loan
Tesla Motors on May 22 said it has repaid a $451.8 million loan it received from the U.S. Department of Energy (DOE) in 2010. For...
Nissan Leaf Battery Production coming to North America
Today, Secretary of Energy Steven Chu announced that the Department of Energy has closed a $1.4 billion loan agreement with Nissan North America, Inc....