CX(s) Applied: B1.31, B5.1
Location(s): Mishawaka, Indiana
Office(s): Advanced Technology Vehicles Manufacturing Loan Program, Loan Guarantee Program Office
The Department of Energy's (DOE) proposed action is to issue a loan to The Vehicle Production Group LLC (VPG) for an MV-I vehicle, the assembly of which would take place in an existing facility, currently fully equipped to assemble vehicles. The Vehicle Production Group has applied for a loan in response to the Advanced Technology Vehicle Manufacturing (ATVM) Loan Program that was established pursuant to Section 136 of the Energy Independence and Security Act of 2007, as amended, which provides for loans to eligible automobile manufacturers and component suppliers for projects that reequip, expand, and establish manufacturing facilities in the United States to produce light-duty vehicles and components that provide meaningful improvement in fuel economy, and for engineering integration costs associated with such projects.