The USDOE has over $40B in loan authority through various programs, with loans starting at $100M with 25-year terms and a 2% interest rate. Some of the programs can be used to pay for innovative deployment of equipment as well as for commercial business expansion. Right now, much of this money is limited to on-road vehicles and charging, but there is legislation pending to broaden the funding scope to include offroad and MHD vehicles.
Learn more about these DOE financing opportunities and gain insights on developing a strong proposal, from the USDOE speaker.