WASHINGTON – U.S. Department of Energy Secretary Ernest Moniz announced more than $58 million in funding for vehicle technology advancements and released a report highlighting the successes of DOE’s Advanced Technology Vehicles Manufacturing (ATVM) loan program while touring the newest vehicle technologies at the Washington Auto Show today. Continuing the Obama Administration’s commitment to supporting… Keep reading →
The auto industry is back — and the Department of Energy has helped to make it even stronger. Since 2009, the Energy Department has issued more than $8 billion in loans to companies through the Advanced Technology Vehicles Manufacturing (ATVM) program, including $5.9 billion to the Ford Motor Company. The financing provided to Ford was… Keep reading →
Here’s an interesting look at the peculiar personalities that often accompany top leadership in major oil producing countries like Russia, Iran and Venezuela. “If oil is a factor in the petrostate personality, one might ask whether we might see some change in the leaders, since oil prices have tanked by about 40% in the last… Keep reading →
In an increasingly fast-paced and mobile world, consumers are interested in being able to use technology wherever, whenever — with as little hassle as possible. Taking a cue from some smartphones that can charge wirelessly, automakers, federal researchers and equipment manufacturers have recognized an opportunity for plug-in electric vehicles, known as PEVs. Wireless charging has… Keep reading →
WASHINGTON—As part of the Obama Administration’s efforts to reduce dependence on foreign oil and transition to a clean energy economy, the Energy Department today announced more than $55 million for 31 new projects to accelerate research and development of critical vehicle technologies that will improve fuel efficiency and reduce costs. These new projects are aimed… Keep reading →
