article thumbnail

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

President Obama announced 48 new advanced battery and electric drive projects that will receive $2.4 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. Lyon Station, PA.

Grant 317
article thumbnail

GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

The Obama Administration doesnt understand that. " President Obamas auto task force doesnt see it that way. But GM says it wont get the money until the Obama administration is satisfied the company is financially viable. Posted by: Max | Apr 13, 2009 5:44:33 PM The Obama administration is full of idiots and scumbags.

Volt 41