Advanced Technology Vehicles Manufacturing (ATVM) Loan Program

The Advanced Technology Vehicles Manufacturing Loan Program sits under the DOE Office of Energy Dominance Financing and provides direct federal loans to manufacturers of advanced technology vehicles and qualifying components. It is a U.S.-only financing route for domestic production at U.S.-based facilities, with eligibility limited to for-profit manufacturers. The program is a rolling loan program, not a grant competition. The record places credit subsidy at $3 billion and estimates roughly $40 billion of direct loan capacity, with availability running through September 30, 2028. Its scope now includes medium- and heavy-duty trucks, trains and locomotives, maritime vessels, aircraft, hyperloop technology, and ultra-efficient vehicles at or above 75 MPG equivalent. That profile makes ATVM most useful for established manufacturers with a clear industrial footprint and a project that can carry federal lending scrutiny. The strongest fit is a company that can show domestic manufacturing capacity, a qualifying vehicle or component line, and a financing need large enough to warrant federal debt. It is less suited to early-stage teams that still need product validation before capital deployment.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.