ATVM Loan Program
Supports advanced vehicle manufacturing in the United States through direct and loan-based financing.
The Advanced Technology Vehicles Manufacturing (ATVM) Loan Program, authorized under Section 136 of the Energy Independence and Security Act of 2007 and expanded by both the Bipartisan Infrastructure Law and the Inflation Reduction Act, provides direct federal loans to US-based manufacturers of advanced technology vehicles and qualifying components. The IRA appropriated $3 billion in credit subsid…
US-based manufacturing facilities producing light-duty, medium/heavy-duty, locomotive, maritime, aircraft, hyperloop, or ultra-efficient vehicles with low or zero GHG emissions; qualifying component manufacturers included.
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