article thumbnail

DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Green Car Congress

The Phase II awards were launched to utilize $150 million in tax credits that were not used by the previous awardees and support projects that must be placed in service by 2017. million through 2017 in equipment and tooling at its Kokomo Power Electronics facility in Indiana. Funded at $2.3 Lead organization. Description. 20 million.