|Policy status:||In Force|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Loans, Economic Instruments|
|Policy Target:||Transport>Passenger, Transport, Transport>Freight|
|Agency:||US Department of Energy (DOE)|
|Legal References:||42 USC 17013|
|Funding:||USD 6 million in FY2012|
The Advanced Technology Vehicle Manufacturing (ATVM) Loans Program provides direct loans to qualifying advanced technology vehicles or qualifying component and engineering integration projects in the United States. The Department of Energy’s Loan Program administers the ATVM Loans. Under this program, DOE works with private companies and lenders to mitigate the financing risks associated with innovative and advanced energy technology and vehicle manufacturing projects, thereby fostering their deployment on a broader, commercial scale. The program is authorized under Section 136 of the Energy Independence Act of 2007 (EISA).
Last modified: Fri, 27 Jan 2017 15:16:33 CET