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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

Green Car Congress

Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure. Under the American Recovery and Reinvestment Act, $2.4

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KORE will get conditional OK for $850M U.S. mortgage for EV battery plant

Baua Electric

This system now trade in $412 billion in low-interest loans to firms onshoring the build of fuel-efficient automobiles and their elements. This system helped identify electrical automakers Tesla and Fisker Automobile. Alternative traders integrated Nidec Motor Corp., Honeywell Ventures and Trog Hawley Capital.

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New Automotive Technology Companies Struggle for Recognition in DC

Green Car Congress

Aptera’s application for $75 million from the DOE’s ATVM loan program has sparked a debate not only over whether or not to recognize a 3-wheeler (i.e., The DOE ruled last year that Aptera’s 2e did not qualify under the $25 billion loan program because a three-wheeled vehicle doesn’t meet the definition of an automobile under federal law.

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