Department of Energy

GOP: Forest Fires Trump Fuel-Efficient Cars
GOP: Forest Fires Trump Fuel-Efficient Cars

Late in the administration of President George W. Bush, Congress created the Advanced Technology Vehicle Manufacturing loan program. According to Detroit News, some of the funds earmarked for that program are now being funneled away to fight forest fires. This is not a bad thing. As the name...Read More»

Old Gas Pumps
Americans Will Pay An Average Of $3.55 Per Gallon Of Gas In 2013

This year, you may end up paying more for gas than you'd thought -- at least, if the Department of Energy's projections hold true. Last month, the DOE predicted that Americans would pay an average of $3.44 per gallon of unleaded regular gasoline over the course of 2013. Now, that figure has crept...Read More»

Polar Charging Post and Nissan Leaf
How Much Will The Feds Lose On Auto Loans? Not As Much As Feared

Over the past three and a half years, the federal government has gotten a lot of flak for offering low-interest loans to automakers, and automakers have gotten a lot of flak for taking them. But according to the Detroit News, a new report suggests that at least one of those loan programs won't be...Read More»

Frank Varasano
Deathwatch: V-Vehicle Loses CEO, Cancels Lease On Future Plant Site

UPDATE: See below V-Vehicle Company -- the startup automaker backed in part by oil baron-turned-wind baron-turned-CNG baron T. Boone Pickens -- has dipped a few more toes in the deadpool. According to reports, V-Vehicle has not only lost its founder and CEO, Frank Varasano, but the company has also...Read More»

2010 Dodge Ram 1500 2WD Crew Cab 140.5" Laramie Front Exterior View
Chrysler Announces A New Fleet Of Plug-In Ram Pickups

Yesterday, Chrysler revealed plans to sell an all-electric version of the Fiat 500 in U.S. showrooms. Though the announcement made some people very happy, it wasn't especially groundbreaking: many had assumed a Fiat EV would arrive stateside in the not-so-distant future. Far more surprising was the...Read More»

Teaser for Louisiana's new VVC plant
V-Vehicle Misses Key Deadline, Forfeits $87 Million From Louisiana

Bad news for startup automaker V-Vehicle: the company has missed a crucial funding deadline, and as a result, it will forfeit $87 million in cash and incentives from the state of Louisiana for V-Vehicle's new plant in Monroe. As per an agreement with the state, V-Vehicle needed to demonstrate that...Read More»

Tesla Roadster right-hand drive
Tesla CEO Repeatedly Used Private Jet To Visit DC, Make Case For DOE Loans

According to FAA records, the private jet of Tesla CEO and PayPal co-founder Elon Musk has made at least 12 trips to Washington, D.C. since the first of 2009. That in itself isn't a problem; many executives with Musk's resources own private aircraft. The problem is that (a) the operating cost of...Read More»

Elon Musk
DOE, Daimler Keep Tesla CEO Elon Musk On A Short Leash

Earlier this week, our own John Voelcker raised a number of questions about Tesla and its long-term viability. Now Wired -- a high-tech media outlet that often champions the EV automaker -- has revealed some interesting news about Tesla's recent $465 million loan from the U.S. Department of Energy...Read More»

U.S. Capitol
Congress Considers Adding 20,000 Electric Vehicles To USPS Fleet

With around 260,000 vehicles at its disposal, the United States Postal Service operates the biggest civilian fleet in the country. Unfortunately, most of those vehicles get terrible gas mileage: the Grumman postal van only earns around 10mpg, and the 17% of USPS trucks that run on E85 don't fare...Read More»

Teaser for Louisiana's new VVC plant
V-Vehicle Is Vying For $320 Million In DOE Loans

In June of last year, the Department of Energy announced $8 billion of low-interest loans for automakers in the first round of funding from its $25 billion Advanced Technology Vehicles Manufacturing program. Of that total, $5.9 billion went to Ford, $1.6 billion went to Nissan, and $465 million...Read More»

Aptera 2e
Congress Speaks: Aptera 2e Now A Car, Not A Motorcycle

Since June of this year, the Department of Energy's Advanced Technology Vehicle program has awarded low-interest loans to encourage the development of next-gen cars. Ford, Nissan, Tesla, and Fisker got in on the action, but one outside-the-box company has been left on the sidelines: Aptera. The...Read More»

Fisker Karma
Fisker Scores $529 Million Low-Interest Loan From DOE

A couple of weeks ago, Fisker gleefully announced fuel efficiency stats for its upcoming extended-range Karma sedan (67 mpg, though the math is a little fuzzy).  Now the upstart automaker has another reason to celebrate: the U.S. Department of Energy has awarded Fisker a $529 million low-interest...Read More»

Hydrogen compression tank
DOE Launches 'H-Prize' For Hydrogen Fuel Cell Developers

Earlier this month, the U.S. Department of Energy awarded $2.4 billion in grants to automakers, start-ups, universities, and other outfits to facilitate the production of battery-powered electric vehicles. (That came on top of $10 billion worth of low-interest loans doled out to Ford, Nissan, and...Read More»

Tesla Model S Sedan
Tesla Revving Up For A $30,000 Vehicle By 2016

Given its recent slide into profitability, its snazzy new production facility, and its lawsuit-free status, Tesla Motors has been on a bit of a roll lately. Not surprisingly, the company is hoping to capitalize on this forward momentum and propel itself to "major player" status in the U.S. auto...Read More»

Cash for Clunkers banner with Mercury Sable, Albany, New York
Want Clunker Cash? Stop Reading, Call Your Dealer, It Ends Today

If you've got a clunker you've been meaning to trade in, you'd better take the rest of the day off, 'cause the whole Cash-for-Clunkers program winds up at 8 pm tonight. Here's our checklist of steps for anyone who's still hoping to get those $3,500 or $4,500 rebates for a new car that gets at least...Read More»

Tesla's new facility in Palo Alto, California
Tesla Motors Adds A Factory, Loses A Lawsuit (In A Good Way)

It's a great news day for Tesla Motors: not only is the company moving into new digs in Palo Alto, California, but also Tesla's co-founder and former CEO Martin Eberhard has dropped his lawsuit against the automaker and current CEO Elon Musk. As for that first item: Tesla announced yesterday that...Read More»

DOE battery grant recipients
Obama And The DOE Award $2.4 Billion In Battery Grants

Yesterday, President Obama announced $2.4 billion in technology grants to car companies, battery makers, universities, and research facilities across the U.S. During his speech in Elkhart, Indiana, the president stressed the importance of battery development as a way of reviving America's...Read More»

Dr. Steven Chu
Hydrogen Fuel News: Science vs. Politics (Guess Who Wins)

Former president Bush devoted chunks of money to hydrogen fuel cell vehicles, launching research projects across the country. Unfortunately, the Obama administration (specifically Energy Secretary Dr. Steven Chu) would rather focus on electric vehicles, since EV technology is literally ready to...Read More»

Capitol Hill
Natural Gas Sweeping Through Congress

A couple of weeks ago, we mentioned that oil baron-turned-wind baron T. Boone Pickens was lobbying the Senate for new legislation to fund the development of natural gas-powered vehicles. Today, TB is likely dancing a jig after hearing that the House of Representatives passed a complimentary bill...Read More»