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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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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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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. Overall, Ener1 reported 2008 revenues of $6.8

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Yardney and Coda Automotive Form JV for US Automotive Li-ion Systems Production; Lishen Expected to Participate

Green Car Congress

Coda Battery Systems LLC submitted a proposal under the stimulus grant program to the Department of Energy on 19 May for funding to build manufacturing at a facility in Enfield, CT. In 2007, Yardney received two federal awards totaling $200,000 for developing lithium-ion batteries for use in hybrid electric vehicles.

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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

billion in stimulus grants to the industry. In 2007, the administration announced a plan to replace the city’s 13,000 taxis with conventional hybrid cars by 2012. The city’s overall emissions that year totaled 53.3 million metric tons, according to a previous PlaNYC study. roads by 2015 and has provided $2.4

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The Most Powerful Greenius In America

Creative Greenius

I learned all bout this in Joe Romm’s great book, “Hell and High Water&# (c) 2007). But now all of you can do the same things I did, and you’ll soon be able to get some government stimulus money to use instead of the savings you no longer have. Just like almost everyone else we know today&#.

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