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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

Although the Company’s intent is to improve its operating efficiencies and to obtain additional financing, there is no assurance that the Company will be able to obtain such financing on favorable terms, if at all, or to successfully further reduce costs in such a way that would continue to allow the Company to operate its business.

Grant 299
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Tesla + Toyota

Revenge of the Electric Car

And even with the Tesla-Toyota announcement, Councilwoman Anu Natarajan said Saturday that the city will continue to use its $333,000 federal grant to study other potential uses for NUMMI and the adjacent land. Besides, with business last year so horrendous, if we could make it through 2009, we can make it through anything.&#.

Toyota 191
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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

Green Car Congress

Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. bg, (combining the 2009 and 2010 standards as proposed), or 1.10% of total fuel. For 2010, the cellulosic standard is being set at 6.5

Obama 218
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Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

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Minivan 46