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Filed under: Emerging Technologies , EV/Plug-in , Lightweight , USA When last we left the company behind the inflatable car concept, we were questioning whether or not they are full of hot air . Now, with the recent loan refusal from the Department of Energy's Advanced Technology Vehicles Manufacturing program (ATVMP), it appears we aren't alone in our skepticism. XP Vehicles received the bad news the other night and are, as one might expect from a team that has spent $3 million in "cash and person hours" developing a concept they strongly believe in, "extremely disappointed". According to frustrated XPV, they applied for the funds last November and were never contacted for any additional information. The main reasons said to be given for the refusal were, "...the fact that our vehicles do not use E85 gasoline and that we are not making millions of cars." Being the "scrappy and determined" folks they are, the company has not taken the decision lying... http://www.depozitul.net/2009/08/xp-ve...