Carbon Motors Appeals To Obama Administration for Loan
CONNERSVILLE, IN - Carbon Motors Corp. has turned to President Obama's cabinet for help moving forward its stalled police cruiser concept more than two years after submitting a federal loan application.
by Staff
December 22, 2011
Carbon Motors' E7. Photo Credit: Carbon Motors.
2 min to read
Carbon Motors.
CONNERSVILLE, IN - Carbon Motors Corp. has turned to President Obama's cabinet for help moving forward its stalled police cruiser concept more than two years after submitting a federal loan application.
In an open letter to eight federal department heads and Vice President Joe Biden, the company's chairman and chief executive asked "for your help in making this happen" with the "timely approval of our ATVM loan." Approving the loan would be in the country's national security and socioeconomic interests, William Li wrote in the letter.
Ad Loading...
Carbon Motors submitted an application in late 2009 to the U.S. Department of Energy for a $310 million loan under an incentive program called the ATVM (Advanced Technology Vehicles Manufacturing) Loan Program. The program was established by Section 136 of the Energy Independence and Security Act of 2007 to stimulate more green jobs in the automotive industry.
Vehicles developed through the program must meet a higher fuel-efficiency standard—125% of the 2005 base-year CAFE fuel efficiency standards—than similar conventional vehicles.
In his letter, Li addresses each cabinet member in an attempt to make a wide-ranging case for the vehicle. The letter was sent to Attorney General Eric Holder, Commerce Secretary John Bryson, Labor Secretary Hilda Solis, Transportation Secretary Ray LaHood, Energy Secretary Steven Chu, Homeland Security Secretary Janet Napolitano, Environmental Protection Agency Administrator Lisa Jackson, and Office of Management and Budget Director Jacob Lew.
After unveiling its E7 patrol car in 2008, Carbon Motors brought the vehicle to numerous law enforcement trade shows. In late July of 2009, the company announced it would take over a former Ford factory in Connorsville, Ind., where it would produce the vehicle.
In late November of that year, the company announced that it had secured $100 million in private financing for the vehicle that allowed it to hire associates and open the factory.
Ad Loading...
At the same time, the company submitted its federal loan application. In January 2010, Department of Energy officials notified the company that it's application was "substantially complete." The company hired HOK Architects to redevelop the campus into an environmentally sustainable facility.
By June of 2010, high-grade supplier partners such as BMW, Bosch, and Inteva agreed to provide the vehicle's engine, electrical architecture, and cockpit.
The E7 patrol vehicle, which had been scheduled to be produced in 2012, is the brainchild of Stacy Dean Stephens, a former patrol officer in the Dallas suburb of Coppell, Texas.
Veteran public sector fleet leader Ken Lett brings more than 20 years of experience in strategic planning, financial oversight, and technology-driven operations to his new role leading the City of Lynchburg’s fleet program.
Recognizing excellence in public fleet leadership is no small task. Learn more about this year’s three outstanding finalists, and join us at GFX in Long Beach to see who takes home the honor.
The Sewell Family of Companies has been awarded a statewide contract to supply fleet vehicles and services to government agencies across Oklahoma through 2032.
Fleet professionals can now vote for the 2026 inductees of the Public Fleet Hall of Fame. Anyone affiliated with the public fleet industry, including fleet professionals, fleet technicians, or other staff members, and suppliers, can vote.
In this monthly lookback, we’re talking about Women’s History Month coverage, the latest Government Fleet salary data, how fleet leaders are dealing with nonstop change, and more.
Safety and productivity go hand-in-hand on today’s vocational jobsites. The Freightliner 114SD Plus combines advanced driver-assist technologies with proven reliability to keep crews moving constantly from start to finish. Learn how safety by design can protect your team, reduce risk, and maximize uptime.
Isuzu and Aebi Schmidt launched a new body program that offers dealers preconfigured, work-ready trucks to streamline upfitting and reduce delivery times.