DOE Advanced Technology Vehicles Manufacturing (ATVM) Loan Program
DOE direct loans for U.S. manufacturers of fuel-efficient and advanced vehicles, components, and supply chain facilities.
About this program
The Advanced Technology Vehicles Manufacturing (ATVM) Loan Program provides direct loans to U.S. manufacturers of advanced-technology light-duty vehicles, medium- and heavy-duty vehicles, and qualifying components, as well as facilities that produce them. ATVM funded Tesla, Ford, Nissan, and Rivian in past years and has expanded under IRA to include retooling and supply chain investment. The program continues to accept applications under its standing authority.
Eligibility
U.S. manufacturers of advanced-technology vehicles (electric, fuel cell, plug-in hybrid, advanced ICE), qualifying components, and battery and charging supply chain projects.
Requirements
- Request pre-application consultation with DOE EDF office
- Submit Part I application with project, financial, and technology descriptions
- Submit Part II application with full financial model and engineering plan