The Loan Programs Office Advanced Transportation Vehicles Manufacturing Program (ATVM)

The Department of Energy Loan Programs Office often provides the first debt capital to enable proven, private-sector-led American technologies to fulfill early commercial demand. For breakthrough projects and technologies, LPO de-risks them at early stages of commercialization. Through the Advanced Technology Vehicles Manufacturing, or ATVM, direct loan program, LPO provides access to billions of dollars in loans for projects that manufacture advanced technology vehicles and qualifying components.  

The Inflation Reduction Act’s appropriation of $3 billion in credit subsidy to support new ATVM loans unlocks Bipartisan Infrastructure Law-expanded transportation categories for the first time, including medium and heavy duty transportation,  locomotives, maritime vessels, aviation, and hyperloop. Based on the total amount of appropriated credit subsidy, there is a total estimated available loan authority under ATVM of tens of billions.

We encourage entrepreneurs and transportation industry leaders to connect with our Office of Business Development for a no-fee, no-commitment, pre-application consultation prior to submitting a formal application.  The opportunity has never been greater for U.S. projects to obtain financing! Request a pre-application consultation by emailing [email protected]