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
AUGUST 5, 2009
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. Compact Power, Inc. (on Production of high-volume battery packs for the GM Volt. on behalf of LG Chem, Ltd.).
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