DOE makes large investments in sustainable automobile projects

RP news wires
Tags: energy management, manufacturing

The U.S. Department of Energy just announced a $465 million loan for Tesla Motors and a $526 million loan to Fisker Automotive Group, with more money being poured into additional sustainable energy products. Popular automaker Nissan was awarded $1.6 billion and noted investor Warren Buffett has put $230 million into BYD.

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