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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 John Voelcker 16

How Are Electric-Car Batteries Made? Photos From Nissan's New Plant

May 20, 2013 1

Can Tesla Raise More Than $1 Billion On Soaring Stock Price?

May 19, 2013 15

DoE Fear After Fisker Fiasco Caused Death Of VPG, Ex-CEO Says

May 15, 2013 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 John Voelcker 5

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 John Voelcker 7

Henrik Fisker, CEO & founder, Fisker Automotive, at 2012 Fisker Karma event, Los Angeles, Feb 2012

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 John Voelcker 18

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 VentureBeat's GreenBeat 8

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 John Voelcker 3

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 John Voelcker 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 John Voelcker 6

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 John Voelcker 5

2012 Coda Sedans on assembly line, Benicia, California, March 2012

Coda Abandons Plan To Build Its Battery Cells In U.S.

We breathed a sigh of relief when Coda announced it had started production of its electric Sedan earlier this month. Then, we positively jumped for joy when little over a... March 29, 2012 by Antony Ingram 30

Tesla Motors CEO Elon Musk at the wheel of a Tesla Roadster

Elon Musk: Daimler Saved Tesla, DoE Loans A Bad Idea

In the toughest days of Tesla's early years, CEO Elon Musk said on film, he wired $3 million of his personal fortune to the company so it could make payroll. Now the... March 22, 2012 by Nikki Gordon-Bloomfield 30

DoE Dings Loans For Startup Carbon Motors' Police Cruisers

Log one more startup car company the U.S. Department of Energy has declined to fund. The latest entry on the lengthening list that includes Virtual Vehicles Co. (renamed... March 8, 2012 by John Voelcker 1

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 John Voelcker

Fisker Loan Woes: Bump In The Road, Or A Big Pothole?

On Monday, we told you that California-based Fisker Automotive had announced it was laying off employees and contractors after it missed deadlines associated with its $529... February 8, 2012 by Nikki Gordon-Bloomfield 6

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 John Voelcker 10