Green Car Congress
JUNE 1, 2009
Bright Automotive has applied for $35 million in government grants to accelerate the production of its plug-in hybrid the IDEA ( earlier post ), and to deliver battery solutions to the industry through its engineering services arm. The company continues to work with the Department of Energy in support of its application.
Green Car Congress
JUNE 8, 2009
Connecticut-based Yardney Technical Products, Inc. Coda Battery Systems LLC submitted a proposal under the stimulus grant program to the Department of Energy on 19 May for funding to build manufacturing at a facility in Enfield, CT. Click to enlarge. Earlier post.).
Green Car Congress
MARCH 13, 2009
million compared to $280,000 in 2007. Operating expenses were $36 million in 2008 compared to $21 million in 2007 as Ener1 increased research and development expenditures for customer and government projects, with R&D accounting for $23 million. million in 2007. Overall, Ener1 reported 2008 revenues of $6.8
Green Car Congress
OCTOBER 30, 2013
million units in 2007. Encouraging growth in Brazil during the first half of the year has dissipated, even as the Industrial Products Tax (IPI) holiday winds down in October. Autofacts sees full-year 2013 sales reaching 15.6 million units—the region’s fourth consecutive year, with an increase of more than a million units.
Green Car Congress
JULY 22, 2009
The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Earlier post.). chance of default.
Green Car Congress
APRIL 7, 2010
This growth is the result of an expected recovery in the global economy, with world gross domestic product (GDP, on an oil-weighted basis) assumed to rise by more than 3 percent per year. Non-OPEC supplies are then expected to fall slightly in 2011, as declining production in mature areas more than offsets any new production growth.
Green Car Congress
APRIL 5, 2011
The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Without the CAFE standard and stimulus monies to promote green vehicle tech, the industry would not be headed toward a greener horizon.
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