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
AUGUST 5, 2009
Companies and universities in Michigan are receiving more than $1 billion of the grants. Production of lithium-ion cells and packs for hybrid and electric vehicles. Expansion of manufacturing for existing electric drive power electronics components for both passenger and commercial vehicles. West Virginia University (NAFTC).
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