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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

The announcement marks the single largest investment in advanced battery technology for hybrid and electric-drive vehicles ever made. Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries.

Grant 317
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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

The modular, front-wheel-drive battery electric car has dent-resistant polymer-plastic body panels mounted on an aluminum frame and a steel chassis. Today we could be using lead-acid EVs, lead-carbon-acid EVs, or nickel metal hydride or lithium-ion hybrids. Think has even shown a convertible prototype.