The US government plans to disclose that Ford, electric vehicle start-up Tesla Motors and Nissan Motor will be among the beneficiaries of a US$25bn loan programme created by Congress to help automakers retool factories for advanced-technology vehicles, the Wall Street Journal reported.
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US energy secretary Steven Chu plans an announcement on Tuesday morning (EDT) in Michigan, the paper said, citing government officials familiar with the matter.
A spokeswoman for Chu and spokesmen for Ford, Tesla and Nissan declined to comment to Reuters on the report.
