{"id":488779,"date":"2010-03-30T08:33:09","date_gmt":"2010-03-30T12:33:09","guid":{"rendered":"http:\/\/www.egmcartech.com\/?p=53942"},"modified":"2010-03-30T08:33:09","modified_gmt":"2010-03-30T12:33:09","slug":"carbon-motor-ceo-we%e2%80%99re-still-waiting-on-our-federal-loan-approval","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/488779","title":{"rendered":"Carbon Motor CEO: We\u2019re still waiting on our federal loan approval"},"content":{"rendered":"

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Carbon Motors CEO William Santana says that the company expects to be on its way to deliver its first police interceptor in 2013 if a request for federal loan is approved by the Obama administration. Carbon applied for a $310 million loan from the U.S. Department of Energy, which is charge of lending $27 billion under the Energy Independence and Security Act of 2007.<\/p>\n

The first vehicle “will roll off the line 36 months after the Obama administration approves the federal loans,” said Li, a former Ford executive.<\/p>\n

While the Indiana based company has no firm orders for the Carbon Motors E7 Police Car, Santana says that it has over 13,000 reservations from 350-plus law enforcement agencies in 48 states.” He said that those reservations are not binding and assume that the vehicles will be competitively priced and will meet safety standards.<\/p>\n

Lee said that he expects an answer on the federal loan by this summer.<\/p>\n

Carbon Motors recently announced that it will use BMW’s inline 6-cylinder diesel engines<\/a> complete with cooling and exhaust gas system and automatic transmission.<\/p>\n

Carbon Motors E7 Police Car<\/strong>:<\/h3>\n

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– By: Kap Shah<\/em><\/p>\n

Source: Automotive News<\/a> (Subscription Required)<\/p>\n

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Carbon Motors CEO William Santana says that the company expects to be on its way to deliver its first police interceptor in 2013 if a request for federal loan is approved by the Obama administration. Carbon applied for a $310 million loan from the U.S. Department of Energy, which is charge of lending $27 billion […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-488779","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/488779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=488779"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/488779\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=488779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=488779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=488779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}