Eligible: Businesses, Local Government, Other
The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) is now accepting applications for the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program. This program offers up to $10 billion in loans to support automotive manufacturing conversion projects that help retain high-quality jobs in communities with existing manufacturing facilities.
Loan Authority for Automotive Manufacturing
U.S. Department of Energy (DOE)
Federal
$10,000,000,000
Businesses, Local Government, Other
Energy Efficiency, Renewable Energy, Transportation
Efficiency Improvements, Energy Efficiency Improvements, Financial Assistance
Must be consistent with the existing ATVM authorities as provided by Congress and will be subject to existing ATVM regulations.
National
Yes
Pre-application: https://parc.loanprograms.energy.gov/Content/ATVM/ConsultationRequest.html
Multiple States or jurisdictions may submit a joint application and must identify a lead applicant as the primary point of contact. Each project party in a joint application must be an Eligible Applicant. Joint applications must include a description of the roles and responsibilities of each project party and must be signed by each project party.
The BIL requires that FY 2025 RAISE funds are only available for obligation through September 30, 2029.
LPO accepts ATVM applications at any time: Email atvmloan@hq.doe.gov to request a consultation with an LPO staff member.
Start a conversation about the project and about LPO’s process before formally applying by contacting atvmloan@hq.doe.gov.
Visit our FAQs and glossary.
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