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House Democrats seek to expand loan program for fuel-efficient vehicle projects
Audrey LaForest
Print
WASHINGTON Two House Democrats introduced a bill April 1 that would expand a loan program within the Department of Energy for projects that are committed to the production of fuel-efficient vehicles and parts.
The bill, sponsored by Reps. Debbie Dingell of Michigan and Julia Brownley of California, would update the Energy Department s Advanced Technology Vehicles Manufacturing loan program by broadening the definition of eligible borrowers to include ultra-efficient vehicles, as well as light-duty and medium-duty passenger vehicles and heavy-duty vehicles that meet emissions standards set by the EPA or emit zero emissions.
Startup Lordstown Motors Corp said Wednesday it is in advanced talks with the U.S. Energy Department seeking a government loan from a program to help pay for the costs of retooling a factory to build electric trucks.
Motoring: Lordstown Motors in advanced talks for U S retooling loan for EV truck factory gdnonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gdnonline.com Daily Mail and Mail on Sunday newspapers.