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Advanced Technology Vehicle Manufacturing Loan Program

Active
107Grant

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

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The Advanced Technology Vehicle Manufacturing Loan Program, administered directly by the federal government through the Department of Energy, provides loans to support the production of advanced technology vehicles and their components. Eligible projects include the manufacturing of light, medium, and heavy-duty vehicles, as well as locomotives, aviation, hyperloop, and maritime vessels, including those used for offshore wind. Under the Inflation Reduction Act, which appropriated 3 billion dollars in credit subsidy, funding is specifically available for reequipping, expanding, or establishing domestic manufacturing facilities provided the resulting vehicles emit low or zero greenhouse gas exhaust emissions under all operational conditions. This active program is focused on the transportation sector and accepts applications on a rolling basis. Interested parties can apply for these loans to facilitate the growth of clean energy transportation infrastructure within the United States. Detailed information and the notice of funding opportunity are available through the official Loan Programs Office channels.

General Info

DOE loans fund domestic manufacturing of low or zero emission advanced technology vehicles.

Agency

Wyoming → Department of Energy

NAICS

336999 - All Other Transportation Equipment Manufacturing

Place of Performance

Not specified

Set-Aside

NONE

Documents

0

No documents available

Documents will appear here when they are available.

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Timeline

PhaseSolicitation
Posted

Solicitation

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Organization & Contact Information

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AgencyWyoming → Department of Energy
ContactsNo contacts available
OfficeWY, USA
Organization / AgencyWyoming → Department of Energy
Office AddressWY, USA
ContactsNo contact information available

Full Description

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This Loan Programs Office (LPO) program administers loans for the manufacturing of advanced technology vehicles and components. The IRA appropriated $3 billion in credit subsidy and made changes to this existing program.
Eligible uses: Manufacturing a range of advanced technology vehicles and their components, including light-duty vehicles, medium- and heavy-duty vehicles, locomotives, maritime vessels including offshore wind vessels, aviation, and hyperloop. The Inflation Reduction Act specifies that funds may be used for the costs of providing direct loans for reequipping, expanding, or establishing a manufacturing facility in the United States to produce advanced technology vehicles only if those vehicles emit, under any possible operational mode or condition, low or zero exhaust emissions of greenhouse gases.
Program administrator: Direct federal
Program status: Active: Accepting applications
Financial instrument: Loan
Topics: Transportation
Rolling deadline: applications are accepted on an ongoing basis.
Notice of funding opportunity: https://www.energy.gov/lpo/advanced-transportation-financing
Additional information: https://www.energy.gov/lpo/advanced-transportation-financing

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