Remove 2007 Remove Engine Remove Grant Remove Stimulus
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Bright Automotive Applies for $35M in Stimulus Package Grants to Accelerate Production of PHEV

Green Car Congress

Bright Automotive has applied for $35 million in government grants to accelerate the production of its plug-in hybrid the IDEA ( earlier post ), and to deliver battery solutions to the industry through its engineering services arm. The company continues to work with the Department of Energy in support of its application.

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Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program

Green Car Congress

The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. 20 million for geologic sequestration training and research grants. Funds under this heading include: $2.5

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Chrysler Disbands ENVI Electric Vehicle Group; Function Absorbed into Traditional Line Organization

Green Car Congress

Reuters reports that Chrysler has disbanded its ENVI team, formed in 2007 to bring electric-drive vehicles and related advanced-propulsion technologies to market. In August, Chrysler took $70 million in grants from the US Department of Energy to develop a test fleet of 220 hybrid pickup trucks and minivans. Earlier post.)

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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. Grant Davis is a Managing Director at New York Life Investments.

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NYC Goes EV

Revenge of the Electric Car

All-electric cars, like the upcoming Nissan Leaf, have a range of about 100 miles and are powered by electric motors instead of the gas-powered internal combustion engine found in most current cars. billion in stimulus grants to the industry. The city’s overall emissions that year totaled 53.3 Or No Cars? On the Grid.