DOE Loan Programs Office - Advanced Technology Vehicles Manufacturing (ATVM) Loan Program

The Department of Energy's Loan Programs Office direct-loan program for advanced technology vehicles manufacturing, which finances battery and battery-materials projects. Its July 2022 loan to Syrah Technologies for the Vidalia active anode material facility was the first ATVM loan since 2011; a December 2024 conditional commitment of up to US$754.8 million to NOVONIX for a second Chattanooga synthetic graphite plant has not closed.

Facts on this page last re-verified Aug 13, 2026 — the oldest verification date among its current claims. How we verify.