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Advanced Technology Vehicles Manufacturing: Difference between revisions
Advanced Technology Vehicles Manufacturing (view source)
Revision as of 00:26, 11 February 2025
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(Created page with "{{Program |ProgramName=Advanced Technology Vehicles Manufacturing Loan Program |ProgramType=Program |OrgSponsor=Loan Programs Office |CreationLegislation=Energy Independence and Security Act of 2007 |Purpose=To provide direct loans for the manufacture of fuel-efficient, advanced technology vehicles and qualifying components in the United States, aiming to reduce petroleum consumption and greenhouse gas emissions while strengthening the domestic auto industry.<ref>{{cite...") |
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|ProgramType=Program | |ProgramType=Program | ||
|OrgSponsor=Loan Programs Office | |OrgSponsor=Loan Programs Office | ||
|TopOrganization=Department of Energy | |||
|CreationLegislation=Energy Independence and Security Act of 2007 | |CreationLegislation=Energy Independence and Security Act of 2007 | ||
|Purpose=To provide direct loans for the manufacture of fuel-efficient, advanced technology vehicles and qualifying components in the United States, aiming to reduce petroleum consumption and greenhouse gas emissions while strengthening the domestic auto industry.<ref>{{cite web |url=https://www.energy.gov/lpo/advanced-technology-vehicles-manufacturing-loan-program |title=Advanced Technology Vehicles Manufacturing Loan Program |accessdate=January 30, 2025}}</ref> | |Purpose=To provide direct loans for the manufacture of fuel-efficient, advanced technology vehicles and qualifying components in the United States, aiming to reduce petroleum consumption and greenhouse gas emissions while strengthening the domestic auto industry.<ref>{{cite web |url=https://www.energy.gov/lpo/advanced-technology-vehicles-manufacturing-loan-program |title=Advanced Technology Vehicles Manufacturing Loan Program |accessdate=January 30, 2025}}</ref> | ||
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|InitialFunding=$25 billion in loan authority<ref>{{cite web |url=https://www.energy.gov/articles/advanced-technology-vehicles-manufacturing-loan-program |title=Advanced Technology Vehicles Manufacturing Loan Program |accessdate=January 30, 2025}}</ref> | |InitialFunding=$25 billion in loan authority<ref>{{cite web |url=https://www.energy.gov/articles/advanced-technology-vehicles-manufacturing-loan-program |title=Advanced Technology Vehicles Manufacturing Loan Program |accessdate=January 30, 2025}}</ref> | ||
|Duration=Indefinite | |Duration=Indefinite | ||
|Historic= | |Historic=Yes | ||
}} | }} | ||
'''Advanced Technology Vehicles Manufacturing Loan Program (ATVM)''' provides direct loans to support the manufacture of fuel-efficient, advanced technology vehicles and qualifying components in the United States. Its goal is to reduce petroleum consumption and greenhouse gas emissions while strengthening the domestic auto industry, facilitating the transition to cleaner transportation technologies.<ref>{{cite web |url=https://www.energy.gov/lpo/advanced-technology-vehicles-manufacturing-loan-program |title=Advanced Technology Vehicles Manufacturing Loan Program |accessdate=January 30, 2025}}</ref> | '''Advanced Technology Vehicles Manufacturing Loan Program (ATVM)''' provides direct loans to support the manufacture of fuel-efficient, advanced technology vehicles and qualifying components in the United States. Its goal is to reduce petroleum consumption and greenhouse gas emissions while strengthening the domestic auto industry, facilitating the transition to cleaner transportation technologies.<ref>{{cite web |url=https://www.energy.gov/lpo/advanced-technology-vehicles-manufacturing-loan-program |title=Advanced Technology Vehicles Manufacturing Loan Program |accessdate=January 30, 2025}}</ref> | ||