ANN ARBOR, MI – The U.S. Department of Energy has distributed less than $9 billion of the $25 billion the federal government set aside for loans to auto makers and suppliers more than two years ago to retool factories for advanced-technology vehicles. Patrick Davis, program manager for the Vehicle Technologies Program Office at The DOE tells Ward’s it will be another few years before all the money gets distributed. He admits the loan program, which was written into the 2007 Energy ...
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