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GM invests $356M in Flint, Saginaw and Grand Rapids engine/component operations; commits to $1B investment in Michigan by 2030

Green Car Congress

General Motors will invest more than $356 million in a new engine line in Flint and driveline and powertrain components in Saginaw and Grand Rapids, creating more than 50 jobs and helping to retain nearly 500 positions. Since 2009, GM has made investment commitments in Michigan of more than $9 billion. million for engine components.

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Volkswagen to Use B5 Biodiesel for 2009 Jetta TDI Cup Season

Green Car Congress

will use B5 biodiesel to power its race cars, transport vehicles and generators during the 2009 Jetta TDI Cup season. Performance testing has shown that diesel-powered vehicles offer more low-end torque than traditional gasoline engines, providing quicker off-the-line acceleration that’s well suited for the race track.

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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

A123 Systems has been the recipient of a number of state and federal grants and tax incentives. In December 2009, A123 entered into an agreement establishing the terms and conditions of a $249.1-million The agreement also provides for reimbursement of pre-award costs incurred from 1 June 2009 to 30 November 2009.

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Two case studies outline how Houston and Loveland are saving money with EVs in their fleets

Green Car Congress

The Electrification Coalition, launched in November 2009, is committed to promoting policies and actions that facilitate the deployment of electric vehicles on a mass scale in order to combat the economic, environmental, and national security threats posed by US dependence on petroleum. Earlier post.). Earlier post.).

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Delphi Using $89.3M DOE Award to Support Expansion of Power Electronics Engineering and New Manufacturing Facility; First Products for Allison

Green Car Congress

million award ( earlier post ) from the Department of Energy (DOE) to support expansion of its power electronics engineering capabilities as well as the establishment of a new manufacturing operation in Kokomo, Indiana. The company also is finalizing a property tax abatement application with the City of Kokomo. With an $89.3

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Biden attends the Detroit auto show to further promote EVs

Setec Powerr

Congress and self-proclaimed “car enthusiast” Biden previously promised tens of billions of dollars in loans, manufacturing and consumer tax credits, and grants aimed at accelerating the U.S. transition from internal combustion engine vehicles to electric vehicles. greeted Biden on the auto show floor.

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DOE Turns Down V-Vehicle Loan Applications

Green Car Congress

million to complete engineering integration with VVC’s 30 US suppliers. VVC filed applications for both loans in March 2009. The DOE conducted an extensive technical, market, financial, regulatory, credit and legal analysis following its determination that the applications were substantially complete in May 2009.

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