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USA: Company With Hybrid Battery Solution to Seek Billions From Energy Department

On Tuesday, the AFS Trinity said it plans to apply for a $2.5 billion loan from the Energy Department, under the $25 billion loan program created as part of last year’s energy bill.
Source: Green Inc

U.S. Senate Approves $25B in Loans to Automakers

The U.S. Senate in an unusual Saturday session today approved an omnibus spending bill that included funding for $25 billion in loans to U.S. automakers, to help pay for development of more fuel-efficient vehicles.
Source: Bnet.com