Washington, D.C.–(ENEWSPF)–March 10, 2011. 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.
