Examples of ATVM Program in a sentence
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The primary goal of the ATVM Program is to improve fuel economy for light-duty vehicles and thereby reduce ozone precursors, greenhouse gas (GHG) emissions, and particulate matter emissions associated with vehicle emissions.Construction and operation of the proposed manufacturing facility would help to ensure a reliable and independent U.S.-based supply of large-scale battery cells.
The primary goal of the ATVM Program is to improve fuel economy for light-duty vehicles and thereby reduce ozoneprecursors, greenhouse gas (GHG) emissions, and particulate emissions associated with vehicle fuel combustion.
LPO determined that the application substantially complete per the rules governing the ATVM Program in 10 Code of Federal Regulations (CFR) Part 611.
The ATVM Program is designed to stimulate production of the technology required to meet program objectives.To fund its project, KORE power applied to the DOE ATVM Program for financial assistance.
KORE Power has applied for financial assistance under the ATVM Program to support development of the first phase of the proposed manufacturing facility.
Financially supporting the Redwood Materials project would help bring the production of sustainable battery components for EVs to market domestically, encourage greater use of EVs, and reduce overall national emissions of air pollutants and human-caused GHGs. 1.2 BackgroundThe ATVM Program is administered by the DOE’s Loan Programs Office (LPO).
Once the CCL has been countersigned, DOE will be conditionally committed to closing the ATVM Program loan, subject to DOE’s satisfaction: (i) of the finalization of loan documents; (ii) with the final results of its due diligence; and (iii) that all other conditions precedent and requirements specified in the CCL have been met.
Seller shall deliver any notices required to be given to the Secured Party pursuant to Section 26(a) and Section 28 to: Advance Technology Vehicles Manufacturing Loan Program, United States Department of Energy, 1000 Independence Avenue, SW, Washington, DC 20585, Attention: Director ATVM Program, or such other address as the Secured Party may advise Seller from time to time.
If the project satisfies such viability thresholds, then the ATVM Program may elect to continue preliminary due diligence.