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Will Obama’s billions jumpstart the electric car? The Green Piece

Green Cars News

So will his billions rejuvenate the American auto industry and put it back on top of the motoring world as it enters a new era? The economic stimulus funds have been doled out to programmes in 20 US states, but Michigan, the traditional home of motoring, is the key beneficiary. Who will benefit? Faye Sunderland.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. Companies and universities in Michigan are receiving more than $1 billion of the grants. A123 Systems, Inc. Midland, MI.

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