Remove Corporation Remove Indiana Remove Motor Remove Purchase
article thumbnail

Electric Motors Corporation (EMC) Receives First Indiana Incentives to Launch Electric Automotive Technology

Green Car Congress

The State of Indiana is offering $4.6 million in tax credits and up to $200,000 in training grants to Electric Motors Corporation (EMC), based on the company’s plans to establish an electric vehicle industrial development park the state. Earlier in May, Electric Motors Corporation was acquired by Optimax Industries, Inc.,

Indiana 150
article thumbnail

Bollinger Motors plans $44M growth alike Detroit, developing 237 jobs

Baua Electric

The board of the MEDC’s investment arm, the Michigan Strategic Treasure, on Tuesday licensed a $3 million performance-based handover for the venture, which the MEDC mentioned would offset the spare value of increasing in Michigan as opposed to a competing web site in Indiana. The corporate at the moment employs 55 in Michigan.

Detroit 52
article thumbnail

REE closes $15M share offering, links with Airbus, and showcases demo EV at Work Truck Week

Baua Electric

REE Automotive, Inc. ($REE) remains a nascent EV startup specializing in modular platforms, “x-by-wire” technology, and unique in-wheel motors called REECorners. Not to be outdone, REE also shared two additional updates, including a look at a demo truck on display in Indiana later today.

article thumbnail

Ford, Chevy and Buick-GMC-Cadillac dealerships promote throughout 4 states

Baua Electric

Hunter’s spouse, Meghan Hunter, additionally was once a purchaser. Marion is in central Indiana, north of Indianapolis. Earlier than purchasing the dealership, Jed Hunter was once CEO of Allegiance Vans and in the past labored as COO for West Herr Car Workforce, consistent with his LinkedIn profile.

Buick 52
article thumbnail

California Energy Commission awards more than $8.5M to bring natural gas- and propane-powered vehicles to California

Green Car Congress

To benefit from the incentives, purchasers must agree to operate the vehicles in California on the alternative fuel at least 90% of the time for three years. Peterbilt Motors Company (Denton, Texas), is awarded $884,000 for 34 natural gas vehicles in the 26,001 pounds and greater gross vehicle weight category. Galpin Motors, Inc.

article thumbnail

Azure Dynamics Reports Sales of 16 More Balance Hybrid Electric Vans and Buses

Green Car Congress

Azure Dynamics Corporation, which partners with Ford commercial truck dealerships across North America to market its hybrid technology to fleet operators, reports sales of 16 additional Balance Hybrid Electric vans and buses. Goshen Coach, of Elkhart, Indiana will supply the bodies for the Littleton purchases.

Sale 199
article thumbnail

Chrysler Group LLC to Invest $300M to Manufacture New ZF 8-Speed Automatic Transmission

Green Car Congress

The new eight-speed automatic transmission, licensed from ZF, will contribute to a corporate fuel economy improvement goal of more than 25% by 2014. Included in this agreement is the purchase of transmissions manufactured by ZF. Click to enlarge. Earlier post.)

Chrysler 186