[Nfbf-l] Fw: Department of Energy Finalizes $50 Million Loan forVehicle Production Group

[Sherri]

Now we just have to get them to help with the car blind people can drive.

Sherri
----- Original Message ----- 
From: "Carlos J MontasAS" <carlos.montas at gmail.com>
To: "NFB of Florida Listserv" <nfbf-l at nfbnet.org>
Sent: Thursday, March 10, 2011 3:14 PM
Subject: [Nfbf-l] Fw: Department of Energy Finalizes $50 Million Loan 
forVehicle Production Group


> Department of Energy Finalizes $50 Million Loan for Vehicle Production 
> Group
> ----- Original Message ----- 
> From: White House Disability Group
> To: carlos.montas at gmail.com
> Sent: Thursday, March 10, 2011 12:00 PM
> Subject: Department of Energy Finalizes $50 Million Loan for Vehicle 
> Production Group
>
>
> Please circulate.
>
>
>
> Department of Energy Finalizes $50 Million Loan for Vehicle Production 
> Group
>
>
>
> Washington, D.C. – U.S. Energy Secretary Steven Chu announced today that 
> the Department of Energy finalized a nearly $50 million loan to The 
> Vehicle Production Group LLC. The loan will support the development of the 
> six-passenger MV-1, a purpose-built wheelchair accessible vehicle that 
> will run on compressed natural gas. The vehicle will be produced at the 
> Mishawaka, Indiana AM General Plant.
>
>
>
>
>
> “Advances in vehicle technology like this will help reduce our dependency 
> on oil and ensure that our nation’s workforce is producing the best, most 
> innovative vehicles in the world,” said Secretary Chu. “We hope projects 
> like VPG will encourage the development of other compressed natural gas 
> vehicles, resulting in reduced emissions, new jobs and increased 
> independence for Americans who use wheelchairs.”
>
>
>
> The compressed natural gas vehicle MV-1 will use no gasoline and will 
> produce lower emissions than gasoline-fueled vehicles. Vehicle Production 
> Group estimates that at full capacity, the project will produce over 
> 22,000 vehicles per year. The company estimates the project will produce 
> over 100 jobs in Indiana, in addition to approximately 800 more direct and 
> indirect jobs across 17 states for the assembly, part suppliers, 
> production and sale of the vehicle.
>
>
>
>
>
> Vehicle Production Group, a new American car company based in Miami, 
> Florida, says MV-1 is the only purpose-built vehicle that is designed from 
> the ground up for wheelchair accessibility. The company also states that 
> MV-1 is the only factory-built light-duty vehicle to date that meets or 
> exceeds the guidelines of the Americans with Disabilities Act. The vehicle 
> features a deployable access ramp with a 1,200-pound weight capacity, a 
> 36-inch entryway and an interior that accommodates up to six occupants 
> with the optional jump seat, including one or two wheelchair passengers 
> and the driver.
>
>
>
>
>
> The Department of Energy’s Loan Programs Office oversees the Advanced 
> Technology Vehicles Manufacturing (ATVM) Loan Program. The ATVM Loan 
> Program supports the development of innovative, advanced technologies that 
> create thousands of clean energy jobs while reducing the nation’s 
> dependence on oil. The Department has provided over $8 billion in loans to 
> advanced technology vehicle manufacturers, including Ford Motor Company, 
> Fisker Automotive, Nissan North America and Tesla Motors.
>
> -----
>
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