article thumbnail

mPhase to Pursue Funding From Stimulus Plan’s $2B for Advanced Automotive Battery Technology

Green Car Congress

says it will pursue funding opportunities arising from the $2 billion allocated for advanced battery technology in the new economic stimulus package. mPhase is developing its Smart NanoBattery as part of a Phase II STTR Grant that was awarded by the United States Army in 2008. mPhase Technologies , Inc.,

Stimulus 150
article thumbnail

Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes

Green Car Congress

—John Televantos, a Partner at Arsenal Capital, an investor in Novolyte since 2008. million award in stimulus funds for expansion from the Department of Energy under the Recovery Act - Electric Drive Vehicle Battery and Component Manufacturing Initiative, as well as $1.12 Novolyte received in 2009 a $20.6-million

Li-ion 186
article thumbnail

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

Green Car Congress

Ed Feo is a partner with the law firm of Milbank, Tweed, Hadley & McCloy and was voted one of the “Five Most Influential People in Renewable Energy” in 2008 by Euromoney / Institutional Investor. We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” Billion in 2008). Billion vs. $28.3

Financing 150
article thumbnail

GE to Open Sodium-Metal Halide Battery Plant in New York

Green Car Congress

The first application will be GE’s hybrid locomotive, which will be commercialized in 2010. At the AABC 2008 conference, Robert King from GE Global Research outlined requirements and challenges for hybrid locomotive batteries, including: 1,300 kW continuous chare/discharge power. Earlier post.). 1,000 kWh useable energy.

Sodium 191
article thumbnail

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. He also believes that sub-1.6L

article thumbnail

ZAP, Zhejiang Jonway Partner to Target China and Export EV Markets

Green Car Congress

have entered a commercial agreement to produce electric sport utility vehicles (SUVs), cars and other electric vehicles in China for domestic and global distribution. In 2009, China overtook the United States as the world’s largest automobile market with sales increasing 46 percent from 2008 to 13.6 The Jonway A380. Click to enlarge.

China 186
article thumbnail

Next 10 report finds California must increase GHG reductions to 4.9%/year through 2030 to meet target

Green Car Congress

This year’s Index finds that 2018 greenhouse gas emissions—the latest year for which data are available—rose overall for the first time since 2012, driven in part by increases in the power and commercial sectors. lower than 2008 and 2003, respectively. Private sector investment can also drive green stimulus.