Unsuccessful Applications
- A loan request under this program was denied for Carbon Motors Corporation in March 2012 after the latter had spent 2 years prior addressing the DOE's concerns.
- Aptera Motors' initial application was denied because its product was a three-wheeled vehicle; the wording on the program was modified to allow high-mileage three-wheelers and Aptera reapplied, however the company went out of business before the DOE responded to their second application.
- Bright Automotive, who filed their application in 2008, went out of business in March 2012 after waiting 4 years for the DOE to respond and being unable to sustain continued operations.
Read more about this topic: Advanced Technology Vehicles Manufacturing Loan Program
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