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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

General Motors Corp. 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.

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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

billion in grants to US-based manufacturers to produce batteries and their components and to expand battery recycling capacity; $500 million in grants to US-based manufacturers to produce electric drive components for vehicles, including electric motors, power electronics, and other drive train components; and. Jacksonville, FL.

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