The Department of Energy received $25 billion from Congress to dole out for green vehicles, the latest recipient of which is Nissan. The funding, which was part of an energy independence bill passed in 2007, intends to give a $1.4 billion loan to Nissan to help prepare its US production site for the all-electric 2012 Leaf.
Nissan’s Smyrna, Tennessee, plant will be modified. Nissan will also break ground on a new nearby factory to manufacture the battery packs. The Smyrna plant manufactures the Maxima, Altima, Frontier, and Pathfinder.
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