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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

Production of nickel-cobalt-metal battery cells and packs, as well as production of battery separators (by partner Entek) for hybrid and electric vehicles. Production of manganese oxide cathode / graphite lithium-ion batteries for hybrid and electric vehicles. Production of high-volume battery packs for the GM Volt.

Grant 317
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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

Jacksonville, Fla. GM will launch the Chevrolet Volt extended range electric vehicle in 2010, expects to have 14 hybrid models in production by 2012, and will have 65% of vehicles alternative-fuel capable by 2014. Close: Dec 2010. Massena Castings, N.Y. Closed: May 2009*. Boston, Mass. Close: 31 Dec 2009.

GM 150