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Tesla replays DOE loan nine years early

Green Car Congress

This program was signed into law by President Bush in 2008 and then awarded under the Obama administration in the years that followed. The Department first offered loans to Tesla and other auto manufacturers in June 2009, when car companies couldn’t get other financing and many people questioned whether the industry would survive.

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GM to buy back 200M shares held by US Treasury for $5.5B

Green Car Congress

Government ownership of GM stock was the result of the auto industry rescue that began under President George W. Bush in 2008 and which was expanded by President Barack Obama in 2009.

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Nikkei Editorial Urges Japan to Match US, China EV Moves

Green Car Congress

One is the tough new fuel economy rules the US administration of President Barack Obama will introduce in 2012.The At the end of 2009, Beijing announced a target of increasing the share of electric cars in overall domestic production to 10% in 2015.

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The Long View from SAE 2009 World Congress

Green Car Congress

On 20 April, the opening day of the SAE 2009 World Congress, the AVL Technology Leadership Theater presented a forum on “Green Mobility—The Long View”. the session counted among its panelists: Professor John Heywood, Sun Jae Professor of Mechanical Engineering and Director of the Sloan Auto Laboratory at MIT. by Bill Cooke. 8.6 / 10.6.

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DoE's Chu Hopes Chrysler Can Play With Big Kids, Get Loans At Last

Green Car Reports

automaker, now effectively controlled by Italy's Fiat, is putting together a financial package that will allow it to pay off all the money invested in it by the Obama Administration during the 2009 auto-industry bailout. The back-from-bankruptcy third U.S. Once it's.

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Remembering Lithium-Ion Battery Pioneer John Goodenough

Cars That Think

Twenty-five years later, the battery is gaining momentum in the auto industry as a means of reducing the cost of electric cars. National Medal of Science from President Barack Obama. But French battery scientist Michel Armand called Goodenough and offered to collaborate on it.

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BrightDrop: GM’s silent push into electric commercial vehicles

Charged EVs

BrightDrop offers a fascinating window into the breadth of GM’s EV plans, though even many people in the auto industry know little about it. Worse, GM was forced to shut down its medium-duty truck division during bankruptcy in June 2009, pretty much taking it out of the commercial fleet market. The BrightDrop Zevo 600.