Advanced Technology Vehicle Manufacturing - American Cities Climate Challenge
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Advanced Technology Vehicle Manufacturing

Federal Agency

Sub-Department

TBA

Purpose

To provide direct loans to re-equip, expand, or establish US facilities engaged in the production and/or engineering integration of low- or zero-emission vehicles.

Applicant and/or Project Eligibility Requirements

Eligible recipients include US automobile manufacturers and component suppliers with projects that are financially viable without federal funds.

Decarbonization Considerations

Working with automobile manufacturers, local governments can help create clean energy economies based on advanced vehicle manufacturing. These advanced vehicles can be low- or zero- emissions vehicles.

Equity Considerations

Previous iterations of this program have prioritized older facilities (e.g., those older than 20 years). Should this be the case again, local governments could use loans to rejuvenate hard-hit, post-industrial areas.

Helpful Tips

N/A

Other Notes

This program recapitalizes the Advanced Technology Vehicle Manufacturing Incentive Program, originally established by the Energy Independence and Security Act of 2007 (42 U.S.C. 17013(d)).

Deadline (Announced or Anticipated)

TBA

Funding Available

$3,000,000,000 through FY28

Max Award Amount

30% of project costs

Expected Allocations

N/A

Average Award (Estimated)

N/A

Matching Funds

Not required

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