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.