article thumbnail

Ener1 Outlines Automotive Programs Underway for Li-ion Packs

Green Car Congress

million compared to $280,000 in 2007. Operating expenses were $36 million in 2008 compared to $21 million in 2007 as Ener1 increased research and development expenditures for customer and government projects, with R&D accounting for $23 million. million in 2007. million was financed through capital leases.

Li-ion 150
article thumbnail

GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

Indianapolis, Ind. This rate is substantially below the 15 to 17 million annual vehicle sales rates recorded from 1995 through 2007. billion of bridge financing from the German government and a Memorandum of Understanding to partner with Magna International Inc. Standby: Sep 2009. Pontiac, Mich. Close: Oct 2009. Wilmington, Del.

GM 150