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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. Compact Power, Inc. (on

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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

All of this means a PHEV uses much less liquid fuel (as little as 10% of a conventional vehicle’s averaged annual fuel consumption), saving money and extending the miles per gallon of gasoline or alternative liquid fuel. Already the Chevrolet Volt is moving us in that direction. These PHEV Volts have a 35 mile (56 km) AER.

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