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USDOT awarding $55M to support purchase of Low-No buses; electric buses and infrastructure

Green Car Congress

Eligible projects included those that replace, rehabilitate, lease, and purchase buses and related equipment as well as projects to purchase, rehabilitate, construct or lease bus-related facilities, such as buildings for bus storage and maintenance. million for hydrogen fuel cell buses. Description. City of Fairfield. 746,456.

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

Baua Electric

million and will be used for working capital toward product development and commercialization, in addition to “general corporate purposes.” Lastly, REE is showcasing its full-by-wire electric truck (seen above) at Work Truck Week in Indianapolis, Indiana. REE says the gross proceeds from the completed offering total roughly $14.95

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Ener1 Receives Commitment for $65M Equity Investment; Negotiating with DOE on Low Interest ATVMP Loan

Green Car Congress

Zingarevich, for the purchase of common stock and warrants for $65 million. Ener1 Group will purchase 18,678,161 shares of common stock and 8 million warrants. Ener1, Inc., The investment is expected to close later this week. Ener1’s principal operating subsidiary, EnerDel, Inc., The new equity injection for Ener1, Inc.

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RMI Launches Project Get Ready to Help Communities Prepare for Plug-ins

Green Car Congress

Community members in Portland, Oregon; Indianapolis, Indiana; and Raleigh, North Carolina soon expanding to the Triangle region have already agreed to work with RMI’s Project Get Ready. Corporate/city/state fleets commit to buy a certain number of plug-ins (RFPs for major purchases or conversions).

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

Indianapolis Power & Light Company. The Office of Federal Sustainability is inviting State, county and municipal government fleets to join forces with Federal agencies to maximize their collective buying power, and aggregate their EV and charging infrastructure purchases. Electric Drive Transportation Association (EDTA). Georgia Power.

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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

400 million in grants to purchase thousands of plug-in hybrid and all-electric vehicles for test demonstrations in several dozen locations; to deploy them and evaluate their performance; to install electric charging infrastructure; and to provide education and workforce training to support the transition to advanced electric transportation systems.

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