The ATVM loan program is currently accepting applications.
In order to apply for an ATVM direct loan, applicants must submit a substantially complete application meeting all applicable eligibility requirements. No payment of fees to the Department of Energy is required to apply for an ATVM direct loan. The costs of DOE's external advisors will be paid for by the applicant. Applicants are required to pay a fee to the Department on the closing date of an ATVM direct loan.
Interested applicants should review the ATVM eligibility requirements and the Updated Guidance for Applicants to the Advanced Technology Vehicles Manufacturing Loan Program. Potential applicants are also encouraged to review the ATVM loan program overview presentation to learn more about ATVM direct loans and the application process.
Potential applicants may, but are not required to, consult ATVM loan program staff by teleconference or in person to discuss potential applications prior to submission. To schedule a consultation, please email the ATVM program office at ATVMLoan@hq.doe.gov.
Applications should be submitted through the ATVM online application portal.
A fee of 10 basis points of the ATVM direct loan is required to be paid to the Department of Energy on the closing date of the ATVM direct loan.
CREDIT SUBSIDY COST
The Department of Energy uses monies appropriated by Congress to pay the credit subsidy costs of ATVM projects.