FREE e-Newsletter
Important News - Hot Topics
Get them Now!

PW6 In-Car Camera System - PatrolWitness
The new PW6 In-Car Video System from PatrolWitness is compact, rugged, and...

Top News

Carbon Motors Gets Tentative Approval On Federal Loan

January 22, 2010  | 

Carbon Motors Corp. has been officially advised by the U.S. Department of Energy that its application has been deemed "substantially complete," which clears the first major hurdle in the process of obtaining a $310 million loan, the company has announced.

"We commend the administration for the ongoing efforts to move our country to a much more secure, prosperous, and green future," said Bill Li, Carbon's chairman and chief executive officer.

The loan would be given under the provisions of Section 136 of the Energy Independence and Security Act of 2007.

Carbon Motors has hired HOK Architects to redevelop the environmentally contaminated former Visteon site in Connorsville, Ind., into a sustainable campus to house Carbon's headquarters, research and development, production, service, sales, training, and vehicle recycling operations.

Local, state, and federal authorities, as well as the local community, are providing input regarding the campus redevelopment.

Request more info about this product / service / company

Be the first to comment on this story

POLICE Magazine does not tolerate comments that include profanity, personal attacks or antisocial behavior (such as "spamming" or "trolling"). This and other inappropriate content or material will be removed. We reserve the right to block any user who violates this, including removing all content posted by that user.

Other Recent News

Dubai Police Training to Use Hoverbike Flying Motorcycles
Police believe the S3 2019 hoverbike, designed by Hoversurf of California, will help them...

Police Magazine