ADVANCED TECH VEHICLES MANUFACTURING LOAN SYSTEM

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LPO has $17.7 billion in loan authority to guide the make of qualified light-duty automobiles and components that are qualifying the Advanced Technology Vehicles Manufacturing Loan Program (ATVM), authorized by the power Independence and protection Act of 2007.

Up to now, this system has loaned $8 billion for tasks which have supported the manufacturing of a lot more than 4 million higher level technology automobiles. Continue reading “ADVANCED TECH VEHICLES MANUFACTURING LOAN SYSTEM”