Advanced Technology Vehicles Manufacturing Loan Program
Advanced Technology Vehicles Manufacturing (ATVM) Loan Program is a $25 billion direct loan program funded by Congress in fall 2008 to provide debt capital to the U.S. automotive industry for the purpose of funding projects that help vehicles manufactured in the U.S. meet higher mileage requirements and lessen U.S. dependence on foreign oil. Of the 108 requests made, 5 were approved to receive $8.4 billion, with the majority of that amount under repayment.
A123 SystemsATVMAdvanced Technologies Vehicle Manufacturing Loan ProgramAdvanced Technology Vehicle Manufacturing programAdvanced Technology Vehicles ManufacturingAptera MotorsAutomotive industry in the United StatesBright AutomotiveCarbon Motors CorporationEffects of the 2008–2010 automotive industry crisis on the United StatesEnergy Independence and Security Act of 2007Energy and Water Development and Related Agencies Appropriations Act, 2015Fisker AutomotiveFord EcoBoost engineGary_PetersHenrik FiskerHistory of Tesla, Inc.Plug-in hybridTesla,_Inc.
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Advanced Technology Vehicles Manufacturing Loan Program
Advanced Technology Vehicles Manufacturing (ATVM) Loan Program is a $25 billion direct loan program funded by Congress in fall 2008 to provide debt capital to the U.S. automotive industry for the purpose of funding projects that help vehicles manufactured in the U.S. meet higher mileage requirements and lessen U.S. dependence on foreign oil. Of the 108 requests made, 5 were approved to receive $8.4 billion, with the majority of that amount under repayment.
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Advanced Technology Vehicles M ...... f that amount under repayment.
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ATVM budget
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$1,448 M January 2010: Nissan
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$16,600 M 2015: Remaining authority
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$465 M January 2010: Tesla
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$5,907 M September 2009: Ford
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$50 M March 2011: Vehicle Production Group
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$529 M April 2010: Fisker
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Advanced Technology Vehicles M ...... f that amount under repayment.
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Advanced Technology Vehicles Manufacturing Loan Program
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