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DOE

 
Tesla Repays $465-Million DoE Loan, Chrysler Bites Back At Claim

Tesla Repays $465-Million DoE Loan, Chrysler Bites Back At Claim

Ah, politics. Yesterday, Tesla paid off the balance of its U.S. government loan, using proceeds from its $1 billion-plus offering of stock and warrants last week, as CEO Elon Musk had said Monday it would in a tweet. The amount settled yesterday was $451.8 million, following installments paid by...

May 23, 2013 by  19
 
VPG MV-1

VPG Shuts Down; Startup Van Maker Was Backed By DoE Loans

While Tesla Motors [NSDQ:TSLA] is on a roll--with a rave review from Consumer Reports and a profitable quarter--other startup automakers aren't faring so well. And now... May 9, 2013 by  5


 
Henrik Fisker

As Predicted, Fisker Execs & DoE Get Roasted In House Hearing

Fisker Automotive CEO Tony Posawatz didn't attend yesterday's House committee hearing on the company's loan from the U.S. Department of Energy. He's out desperately seeking... April 25, 2013 by  7


 
Henrik Fisker

Fisker Misses DoE Loan Payment; House Hearing Tomorrow

The fortunes of the two highest-profile electric-car startups couldn't be diverging more starkly today. Yesterday, Fisker Automotive failed to make a payment of $10 million... April 23, 2013 by  18


 
Henrik Fisker

Is Fisker The Most Tragic VC-Backed Debacle In Recent History?

In January 2005, legendary car designer Henrik Fisker founded a company to bring innovative new thinking to the automobile industry. Between that date and today, Fisker... April 18, 2013 by  8


 
Tesla Model S

Tesla Will Repay Its Energy Department Loans By 2017, It Says

What a difference a few years makes. Startup electric-car maker Tesla Motors [NSDQ:TSLA] said it will repay its $465 million in low-interest loans from the U.S. Department of... March 8, 2013 by  3


 
Gas Pump With Boot

Gas Prices To Be Higher Than Expected In 2013, Says Energy Dept

The price of gasoline will creep up faster than expected, the U.S. Department of Energy's latest figures show. Its monthly Short-Term Energy Outlook had previously put... February 13, 2013 by  6


 
2013 Nissan Leaf Spy Shots

Nissan Builds First Lithium-Ion Cells For 2013 Leaf Electric Car (Video)

Just two years after the first Nissan Leaf was sold in the U.S., Nissan said today it has opened a plant in Smyrna, Tennessee, to fabricate lithium-ion cells for electric-car... December 12, 2012 by  7


 
2012 Fisker Karma in Costco parking lot, Santa Monica, California [photo: Chris Williams]

Will Fisker Ask For Rest Of Its Stalled DoE Low-Interest Loan?

For Fisker Automotive these days, no news is probably good news. Its latest CEO, Tony Posawatz, has been at the helm for four months now. And Fisker is putting all its... December 6, 2012 by  6


 
XP Technology concept vehicle

Rejected For Loans Tesla Got, Inflatable Car Firm Sues DoE 3 Years Later

Oh, those DoE loans. They arose in the recent U.S. presidential debate--not just once or twice, but three times--and continue to generate debate. So here's more fuel for the... November 26, 2012 by  5


 
2014 Tesla Model X all-electric crossover with 'Falcon Doors' open

Tesla Gets $10 Million Of California Cash To Build Model X Crossover

Yesterday, the California Energy Commission approved a $10 million grant to Tesla Motors which it said would help the electric automaker prepare for the launch of its second... October 11, 2012 by  5


 
Ram 1500 Plug-In Hybrid pickup truck and Chrysler Town & Country plug-in hybrid minivan, April 2012

Chrysler Yanks Plug-In Hybrid Test Fleet Off Roads, Will Replace Batteries

Ask most people about Chrysler's plug-in hybrid prototype program, and you'll get something like, "Huh? Chrysler has plug-in hybrids?" In fact, the company does: 23 minivans... September 24, 2012 by  19


 
Lithium-ion battery pack of 2011 Nissan Leaf, showing cells assembled into modules

New-Generation Electric-Car Batteries Will Take 10 Years, DoE Lab Says

There's kind of a running joke within the electric car world that the next generation of batteries is just a decade away. And the next time you ask, it's still a decade away... May 24, 2012 by  18


 
Dr. Steven Chu

DoE Secretary Chu: Gas Prices Hurt, But Oil Dependency Worse

Unless you don’t drive a gasoline-powered car, the chances are you’ve noticed the spike in gasoline prices lately. But according to the U.S. Secretary of Energy... February 29, 2012 by  10


 
Sergio Marchionne

Chrysler Abandons Quest For Energy Dept Low-Interest Loans

The U.S. Department of Energy hasn't made any new loans under its Advanced Technology Vehicle Program in well over a year. At its current rate, it may never do so. The latest... February 16, 2012 by 


 
2012 Fisker Karma EcoChic, New York City, Jan 2012

Fisker Lays Off Workers, Seeks New Government-Loan Terms

The bad news just keeps on coming from electric-car startup Fisker Automotive. The company said today that it has laid off employees and contractors at both its new Anaheim... February 6, 2012 by  10


 
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