article thumbnail

Valence Considering Building Battery Plant in US or Europe

Green Car Congress

is considering building a battery plant in the US or Europe and will look into the possibility of funding from the economic stimulus package proposed by President Barack Obama. Valence currently does most of its production in China. Lithium-ion battery company Valence Technology Inc. Earlier post.].

article thumbnail

Ricardo responds to electric drive stimulus package

Green Cars News

Ricardo, one of the leaders in the development of electric and hybrid vehicles, has welcomed President Obama’s announcement of $2.4billion in grants to accelerate the manufacturing and deployment of the next generation of US batteries and electric vehicles.

article thumbnail

Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

So far, President Barack Obama has announced no new federaleffort to promote the fuel, and federal funding for hydrogen fortransportation use in the 2009 budget dropped to $177.7 Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars.

Obama 53
article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Earlier post.).

Financing 150
article thumbnail

Smart Meters and Electric Cars

Revenge of the Electric Car

By 2012, we should have made some progress on this, just in time to re-elect Obama to his second term. Automakers unveiled more than a dozen production-ready, plug-in electric and hybrid electric vehicles at the Detroit auto show earlier this month, many of which will be on dealership lots between 2010 and 2012. And we will use meters.

article thumbnail

GM: Let's Hash Out Open Plug-In Car Standards

Tony Karrer Delicious EVdriven

Here we are four months later: GM is teetering on the brink of bankruptcy , and its turnaround plan — which gave the Chevy Volt a central role – has gotten a less-than-rave review from the Obama administration. Earth2Tech] Omniture Launches Viral Video Measurement [NewTeeVee] Can New York Save Broadband?

Plug-in 39