Innovative Vehicle Technology Loans
The U.S. Department of Energy’s Loan Programs Office (LPO) offers loans for innovative vehicle technology projects through the Title 17 Clean Energy Financing Program. Eligible projects include manufacturing facilities for fuel-efficient vehicles or their parts, sustainable aviation fuels, biofuels, alternative vehicle fuel distribution facilities, and hydrogen fuel cell technology. Loans may cover up to 80% of project costs. Additional terms and conditions apply. For more information, see the LPO Innovative Energy and Innovative Supply Chain website and the program guidance.
(Reference Public Law 109-58, Public Law 117-169, 42 U.S. Code 7254, and 42 U.S. Code 16511-16517)
Jurisdiction: Federal
Type: Programs
Agency: U.S. Department of Energy
Enacted: Aug 8, 2005
Amended: Aug 16, 2022
Technologies: Biodiesel, Hydrogen Fuel Cells, Natural Gas, Other
See all Federal Laws and Incentives.