ADVANCED TECHNOLOGY VEHICLES PRODUCTION LOAN SYSTEM

You might be right right here LPO has $17.7 billion in loan authority to aid the make of qualified light-duty automobiles and components that are qualifying the Advanced Technology Vehicles Manufacturing Loan Program (ATVM), authorized by the vitality Independence and protection Act of 2007. Up to now, this system has loaned $8 billion for jobs which have supported the production of significantly more than 4 million advanced technology cars.