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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. Lithium-ion battery company Valence Technology Inc. Valence currently does most of its production in China. Earlier post.].

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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.

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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.

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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). Five months ago.

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The Race to Plug-In Hybrids Is On

Green Cars News

A key goal of the Obama administration is to have one million ‘PHEVs’ or a fully electric vehicle on the road by 2015.

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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?

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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. The economic stimulus package currently before Congress could include incentives for both buyers of electric vehicles and electric vehicle battery manufacturers. Smart meters and electric cars: a match made in efficiency.