Sunday, October 18, 2009

"Bill To Extend Federal Advance Vehicle Loans to 3-Wheelers Wins Approval" Green Car Advisor

"Bill To Extend Federal Advance Vehicle Loans to 3-Wheelers Wins Approval" Green Car Advisor: "The Senate has approved a measure directing the Energy Department to extend advanced vehicle research and development fuiding programs to manufacturers of three-wheeled vehicles as well as to the conventional carand truck industries.

The bill, already approved by the House, now goes to the President for his signature.

To qualify, three-wheelers would have to meet the federal saftety standards applied to four-wheel vehiocles.

The measure was spurredby lobbying from companies such as Aptera that are developing fuel-efficiend, lightweight and often sporty three-wheel passenger vehicles."

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