U.S. Energy chief says driverless car suppliers may qualify for tech loan funds

Detroit —Energy Department Secretary Ernest Moniz hinted Thursday that auto suppliers developing driverless-car features could be next in line for more than $16 billion in unspent vehicle technology loan funds.
Moniz said in an interview that auto suppliers have expressed renewed interest in the Advanced Technology Vehicle Manufacturing loan program. The loans are administered by the Energy Department, but the department hasn’t approved a loan in three years, following the collapse of solar panel start-up Solyndra LLC in 2011.