Energy and Environment

Energy Department signals new loans from stalled advanced vehicles program

By Zack Colman
Published April 3, 2014 4:00am ET
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Energy Department signals new loans from stalled advanced vehicles program
U.S. Secretary of Energy Ernest Moniz: "The U.S. auto industry has evolved since the ATVM Program was established and today we are presented with an opportunity to hit the accelerator on U.S. auto manufacturing growth." (AP Photo/Pat Sullivan) | Pat Sullivan

An Energy Department loan program for advanced vehicle technologies that has drawn GOP criticism is revving its engine once again.

The department announced changes to its Advanced Technology Vehicle Manufacturing program Wednesday, which focuses on electric and other alternative-fuel vehicles, signaling revival of activity in a program that hasn’t selected an awardee since 2011.

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Auto Industry Department of Energy Electric Vehicles PennAve