Advanced Vehicles Manufacturing Projects

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Driving American Innovation: LPO investments are accelerating the resurgence of American auto manufacturing

PROJECTLOAN PROGRAMTECHNOLOGYOWNER(S)LOCATION(S)LOAN TYPELOAN AMOUNTISSUANCE DATE
ADVANCED VEHICLES MANUFACTURING
FORDATVMAdvanced Vehicles Manufacturing Projects Ford Motor CompanyIllinois (Chicago), Kentucky (Louisville), Michigan (Dearborn, Flat Rock, Livonia, Sterling Heights, Wayne, Ypsilanti), Missouri, (Claycomo), New York (Buffalo), Ohio (Brook Park, Cincinnati, Lima)Direct Loan$5.9 BillionSeptember 2009
NISSANATVMAdvanced Vehicles Manufacturing Projects Nissan North AmericaDecherd & Smyrna, TennesseeDirect Loan$1.45 BillionJanuary 2010
TESLAATVMAdvanced Vehicles Manufacturing Projects Tesla MotorsFremont, CaliforniaDirect Loan$465 MillionJanuary 2010

All information up-to-date as of June 2017

Loan Amount represents the approximate amount of the loan facility approved at closing including principal and any capitalized interest.

Nissan loan fully repaid in September 2017.

Tesla loan fully repaid in May 2013.

PORTFOLIO PROJECTS

FORD
By upgrading 13 facilities across 6 states, Ford was able to meet consumer demand for better fuel efficiency in more than a dozen popular vehicles.
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NISSAN
A new advanced battery manufacturing plant & facility upgrades allowed Nissan to manufacture the all-electric LEAF for America, in America.
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TESLA
With its Model S, Tesla brought the 1st zero-emission, zero-gas, full-size electric vehicle to market, boosting U.S. advanced auto manufacturing.
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LPO IMPACT

With $8 billion in loans and commitments to projects that have supported the production of more than 4 million fuel-efficient cars and more than 35,000 direct jobs across eight states, LPO's ATVM loan program has played a key role in helping the American auto industry propel the resurgence of manufacturing in the United States. »Read the report

LPO ATVM Regional Impacts: San Francisco Bay Area
LPO ATVM Regional Impacts: Kansas City Area

Illustrated Poster Series

CLEAN VEHICLE MANUFACTURING
LPO Illustrated Poster Series: Clean Vehicle Manufacturing
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