article thumbnail

State of Texas to Submit Bid for Battery Consortium

Green Car Congress

The State of Texas will submit a bid to become the headquarters for an advanced battery consortium that is seeking $1 billion in Federal stimulus money to develop technology for the next generation of hybrid electric vehicles. which makes lithium-ion batteries, and the Massachusetts Institute of Technology; Johnson Controls Inc.,

Texas 150
article thumbnail

Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

Department of Energys Transportation Electrification stimulus program for a federal grant that would enable a nationwide demonstration fleet with the United States Postal Service (USPS) * Potential partnership with USPS to include infrastructure support from ConEd, Duke Energy, DTE Energy and Electric Power Research Institute (EPRI) Washington, D.C.,

Minivan 46
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

GE: The global stimulus bellwether FORTUNE 500 Current Issue Subscribe to Fortune (Fortune Magazine) -- Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.

BYD 62