Sunday, December 18, 2011

Carbon Motors petitions for federal loan with open letter to Obama cabinet

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Carbon Motors E7

Carbon Motors, the manufacturer of the purpose-built E7 law enforcement vehicle, has sent an open letter to members of President Barack Obama's cabinet urging the administration to approve the company's Department of Energy Advanced Technology Vehicle Manufacturing loan. Carbon Motors applied for a $300 million ATVM loan two years ago, but has yet to secure the funding. With members of congress eying any and all ways to stem the flow of government spending, there's some concern the ATVM loan program will dry up entirely.

The letter specifically underscores why Carbon Motors deserves its loan on a point by point basis, tackling everything from the environmental impact of the current fleet of law enforcement vehicles to the lack of coordination among law enforcement agencies as they attempt to retrofit retail vehicles for law enforcement duty. The company says that its diesel-powered E7 could reduce law enforcement fuel consumption and emissions by as much as 40 percent, and that building the vehicle could create as many as 10,000 jobs. Hit the jump for the full open letter.

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Carbon Motors petitions for federal loan with open letter to Obama cabinet originally appeared on Autoblog on Sun, 18 Dec 2011 14:02:00 EST. Please see our terms for use of feeds.

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Source: http://www.autoblog.com/2011/12/18/carbon-motors-petitions-for-federal-loan-with-open-letter-to-oba/

Michele Alboreto Jean Alesi Jaime Alguersuari Philippe Alliot Cliff Allison Fernando Alonso

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