DOE Announces Availability of $10B in Loan Authority for Automotive Manufacturing Conversion
Eligible applicants: manufacturers of eligible vehicles or components. Applications can be submitted on a rolling basis.
Announcement Type: Notice of Funding Opportunity (this program is currently accepting applications)
Opportunity: DOE Advanced Technology Vehicles Manufacturing (ATVM) Loan Program for automotive manufacturing conversion
Overview and Eligible Uses: The ATVM conversion loan program supports projects to reequip manufacturing facilities to manufacture eligible vehicles or qualifying components, as specified by ATVM program guidance.
Amount: A total of $10B in loan authority is being made available
Award Type: Loans
Eligible Applicants: Eligible applicants include manufacturers of eligible vehicles or of components or materials that support eligible vehicles’ fuel economy performance
Key Dates: DOE LPO accepts ATVM applications at any time.
Key Links:
For a full list of currently available grant programs under the Infrastructure Law and other helpful tools, take a look at our Helpful Resources page.
This tracker will continue to send updates when new funding opportunities are announced.