Energy Literacy Advocates Newsroom
Energy Literacy Advocates (ELA) is a non-partisan, non-profit, public education and advocacy group dedicated to improving the energy literacy of all sectors of our democracy in order to empower a comprehensive national energy policy that is responsible and sustainable. Stay tuned for updated energy news!
Tuesday, June 23, 2009
Automakers to Get Boost for Fuel-Efficient Vehicles
Announced today, a total of $8 billion will be loaned by the Obama administration to Ford, Nissan and Tesla to build more fuel-efficient cars.
The companies will use these loan to re-tool production facilities and expand fuel efficient model options.
The bulk of specified efficient models will be electric or plug-in hybrids.
Loans for Chrysler and GM are pending.
To read more, click here.
Labels: automakers, economy, efficiency, u.s. energy policy
posted by Amanda Voss at 2:23 PM
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