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ATVM loans spur US EV production levels

The Advanced Technology Vehicles Manufacturing (ATVM) loan programme was set up in 2007 to support the development of fuel-efficient advanced technology vehicles and components. The US Department of Energy's (DOE's) Loan Programs Office administers this, and to date, the programme has made five loans, totalling nearly US$8.4bn. Subscribe to Automotive World to continue reading Sign … Continued

The Advanced Technology Vehicles Manufacturing (ATVM) loan programme was set up in 2007 to support the development of fuel-efficient advanced technology vehicles and components. The US Department of Energy's (DOE's) Loan Programs Office administers this, and to date, the programme has made five loans, totalling nearly US$8.4bn.

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