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First Three Conditional Loan Commitments Under DOEs ATVM Program go to Ford Motor Company, Nissan Motors and Tesla Motors

Green Car Congress

The Obama Administration is awarding $8 billion in three conditional loan commitments for the development of innovative, advanced vehicle technologies: $5.9 billion to produce electric cars and battery packs at its manufacturing complex in Smyrna, Tennessee. billion for Ford Motor Company; $1.6 billion to Nissan North America, Inc.;

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US DOT Awards $100M in Recovery Act Funds to 43 Transit Projects to Reduce Energy Consumption and Greenhouse Gas Emissions

Green Car Congress

Since President Obama signed ARRA into law in February, grants totaling more than $7.2 Battery Powered Zero Emission Circulator Buses: Innovative Quick Opportunity Charge, Lithium-Ion Titanate Battery Powered Community Bus program. This technology has been shown at TriMet to improve fuel mileage by over 5 percent.

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Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

However, the electric drive portion of the vehicles, including the motor, electronics and A123 System lithium ion battery pack is identical. A123Systems will manufacture Nanophosphate Lithium ion prismatic battery cells, modules and battery packs for Chrysler LLC.

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