Carbon Motors Denied Government Loan for Building Its E7 Police Car

Carbon Motors, the company working on a very cool purpose-built police car, has been denied its request for $310 million in Department of Energy loans. Like Fisker Automotive, Carbon had applied under the DOE’s Advanced Technology Vehicle Manufacturing program, which was initiated under President George W. Bush. When the DOE canceled Fisker’s loans, company boss [...]

Source: http://feedproxy.google.com/~r/caranddriver/blog/~3/kcgNvGHtGTI/

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