WASHINGTON-With Tuesday’s announcement of a $465 million federal loan to jump-start production of fuel-efficient cars, Tesla Motors (San Carlos, CA) ensured its survival and helped raise the Bay Area’s stature as a hotbed of green innovation. The company will spend some of that money to open a $100 million advanced battery and powertrain manufacturing facility in the Bay Area.MORE

In the Southeast, the federal government also awarded a $1.6 billion loan to Nissan North America to manufacture electric vehicles and build a new battery factory in Smyrna, TN. MORE

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