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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

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A123 Systems has been the recipient of a number of state and federal grants and tax incentives. million grant awarded under the US Department of Energy (DOE) Battery Initiative to support manufacturing expansion of new lithium-ion battery manufacturing facilities in Michigan. million Center of Energy and Excellence grant.

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4,400 Chevrolet Volt Owners to be Eligible for Free Home 240V Charging Stations

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The projects are made possible with a grant of American Recovery and Reinvestment Act funds from the Transportation Electrification Initiative administered by the US Department of Energy (DOE). The Chevrolet Volt is an electric vehicle with extended range capability, designed to drive up to 350 miles without stopping to recharge or refuel.

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Michigan Awards $543.5M in Tax Credits to Four Battery Makers, Who Announce Plans for $1.7B Investment in Li-ion Battery Plants in Michigan

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The state refundable tax credits will help the companies in their quest for some of the $2 billion in federal grants for advanced-battery research and development. The company later expanded operations by establishing an automotive engineering team that is currently located in a facility in Novi. and LG Chem-Compact Power Inc.

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Scientists synthesize first functional designer chromosome in yeast

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Jef Boeke, director of NYU Langone Medical Center’s Institute for Systems Genetics, has synthesized the first functional chromosome in yeast, an important step in the emerging field of synthetic biology—designing microorganisms to produce novel medicines, raw materials for food, and biofuels. —Annaluru et al.

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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

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USDA provides grants and loans and other financial support to help biofuels and renewable energy commercialization. In addition, technical assistance to accessing federal grants and loan programs should be readily and easily available. Biomass Crop Assistance Program. Feedstock Production Systems – USDA (REE and FS).

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Freightliner Custom Chassis and Morgan Olson Introduce Next Generation Vehicle for FCCC All-Electric Walk-In Van

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Introduced at the Hybrid Truck Users Forum (HTUF), the MT-EV WIV features a lightweight, aerodynamic design for improved efficiency. The new design was engineered to allow for improved aerodynamics without giving up the functionality of the vehicle. FCCC first introduced its plug-in, all-electric WIV chassis earlier this year.

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Freightliner Custom Chassis Corporations All-Electric Walk-In Van Chassis Debuts at NTEA Work Truck Show; Enova Drive System, Tesla Battery Pack

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The new chassis model is the only one domestically engineered and the first in the industry to be completely all-electric (includes HVAC system) in North America, according to FCCC. The development program with Enova involved the engineering and integration of Enova’s 120kW all-electric drive system technology into the new MT-45 chassis.