Fisker secures $500+ million loan from the DOE

It’s been Christmas for a while now for automakers that intend on making EVs.  The DOE has a large pool of money set aside to dole out to those it deems worthy.  Fisker recently passed that test and was awarded $527 million to help them develop hybrids that will be affordable. As of now the [...]

Grant will give southeast propane, electric stations

A Department of Energy grant to the southeast is going to supply that section of the country with a network of propane fueling stations that will also be equipped to charge electric vehicles.  The $8.6 million in stimulus marks the first time the DoE has given money to help fund refueling stations. The network will [...]

Phoenix based companies awared $99.8 million

Electric Transportation Engineering Corp. and ECOtality Inc. will be getting a $99.8 million stimulus grant and partnering with Nissan Motor Co. Ltd. to roll out an electric vehicle pilot program in Arizona and other U.S. cities. Phoenix-based Electric Transportation and its Scottsdale-based parent company ECOtality were expected to announce Wednesday morning that they will receive [...]

Johnson Controls receives $299 million from DOE for batteries

The Department of Energy has a $2.4 billion stimulus fund to give EV car makers and suppliers a boost to help them bring EVs to the road sooner than later.  So if you’re a car maker looking into EVs or a supplier it’s been like Christmas and the DOE is Santa. Johnson Controls, based in [...]

DOE gives Smith Electric 10 million for EV commercial trucks

The Department of Energy awarded Smith Electric Vehicles U.S. Corporation (Smith) a $10 million grant toward the production of all-electric, zero emissions commercial trucks for a nationwide demonstration project to validate performance across a range of climates and locations. The grant will help to hasten vehicle purchasing and deployment among Smith’s customers as the government [...]