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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

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. Production of lithium-ion cells and packs for hybrid and electric vehicles. Magna E-Car Systems of America, Inc. $40. Industry officials expect that this $2.4

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