General Motors gets new $2.7 million Department of Energy loan image

The US Department of Energy is unveiling $54 million in grants to help companies design energy-efficient products.

General Motors Co. and Dow Chemical Co. are among the recipients, DetNews reports.

General Motors, the world’s largest carmaker will receive $2.7 million. The company will use its money to develop a die-casting process for the production of vehicle doors. The automaker told the Energy Department it hopes to cut its energy usage in the door manufacturing process by 50 percent.

It also hopes to reduce the weight of car doors in a continuous quest to improve vehicle fuel economy.
The Department of Energy also said last month that is offering more than $7 million for three innovative lighting projects at companies in California, Michigan and North Carolina that aim to lower the cost of manufacturing high-efficiency solid-state lighting (SSL) technologies like light-emitting diodes (LEDs) and organic light-emitting diodes (OLEDs).

The grants were part of $54 million for 13 projects throughout the country. DOE officials said the private sector would contribute $17 million.