EM is already working Plan B and maybe C. The ATVM Loan is only one of an apparent number of funding options in their financial plan. I have a plan B too.Have any of you ever started a business? There is a correct way to create a business plan and execute that plan, according to a schedule planned way in advance.
There is currently no sense of that being the case with EM. I know Goofyone is being the "positive" force on this forum, but honestly, IMHO, I feel like EM has gone many years without reasonable advancement toward their goal.
You don't need a million square feet to start with, you just need to get going. $250,000,000 is just not that much money anymore. If that government loan fails to be approved, what's Plan B?
I predict that if EM doesn't come through with this project soon, one of the existing car companies will see all the work EM has done to create the market and come up with a similar product, without even a Thank You card.
BTW, how many cars EM will manufacture per year will depend more on actual sales rather than capacity. No company would make 250,000 cars this year if they only sold 50,000 last year......
As for other car companies, they don't want to be in the motocycle business. VW had 3 three wheeler concepts, and determined there was to much liability as an auto maker.