ELECTRIC VEHICLES AND ALTERNATIVE FUEL VEHICLES

Loan Programs Office

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The Title XVII innovative clean energy projects loan program (Title XVII) provides loan guarantees to accelerate the deployment of innovative clean energy technology. Loan guarantees are made to qualified projects and applicants who apply for funding in response to open technology-specific solicitations.

On June 21, 2016, LPO published a supplement to its existing Renewable Energy and Efficient Energy (REEE) Projects solicitation. This supplement provides guidance that among other types of facilities, distributed energy facilities may include, in appropriate cases, electric vehicle (EV) charging facilities, including associated hardware and software, provided that such facilities otherwise satisfy all eligibility requirements.  EV charging facilities may properly be characterized as efficient electrical transmission or distribution technologies within the meaning of those terms as used in the Solicitation.  

On January 10, 2017, LPO published supplements to its existing Advanced Fossil Energy Projects and REEE Projects solicitations to clarify that the deployment of infrastructure, including associated hardware and software, for alternative vehicle fuels such as hydrogen, liquefied natural gas (LNG), compressed natural gas (CNG), and biofuels, may be eligible under the solicitations as a distributed energy project.

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The ATVM loan program provides direct loans to automotive or component manufacturers for reequipping, expanding, or establishing manufacturing facilities in the U.S. that produce fuel-efficient advanced technology vehicles or qualifying components, or for engineering integration performed in the U.S. for advanced technology vehicles or qualifying components. Such vehicles must meet the standard of being a light-duty vehicle that is 25 percent more fuel efficient than the Model Year 2005 baseline or an ultra-efficient vehicle that achieves at least 75 miles per gallon equivalent.

On January 10, 2017, LPO announced that the manufacturing of infrastructure, including associated hardware and software, for alternative vehicle fuels such as electricity, hydrogen, liquefied natural gas (LNG), compressed natural gas (CNG), and biofuels, may be eligible under the ATVM loan program.

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Portfolio

FORD
By upgrading 13 facilities across 6 states, Ford was able to meet consumer demand for better fuel efficiency in more than a dozen popular vehicles.
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NISSAN
A new advanced battery manufacturing plant & facility upgrades allowed Nissan to manufacture the all-electric LEAF for America, in America.
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TESLA
With its Model S, Tesla brought the 1st zero-emission, zero-gas, full-size electric vehicle to market, boosting U.S. advanced auto manufacturing.
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Blogs

LPO Financing Can Fuel a New Wave of Vehicles
Loan Programs Office clarified eligibility for alternative fuel vehicle infrastructure under Title XVII and ATVM
January 9, 2017
How Loan Guarantees Can Put a Charge in Electric Vehicles
A new supplement to the Renewable Energy and Efficient Energy Projects loan guarantee solicitation clarifies EV charging infrastructure eligibility
July 20, 2016
5 Ways Electric Vehicles are Changing the World

U.S. Department of Energy Loan Programs Office (LPO) Executive Director Mark A. McCall presents five of the ways electric vehicles (EVs) can impact...

May 18, 2016
Electric Vehicle Manufacturing Taking Off in the U.S.

Recent milestones by Nissan and Tesla highlight the growing demand for advanced technology vehicles and with nearly $16 billion in remaining loan...

May 30, 2014