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DOE Announces $528.7M Conditional Loan for Fisker Automotive for PHEVs

Green Car Congress

The Department plans to make additional loans under this program over the coming months to large and small auto manufacturers and parts suppliers up and down the production supply chain. Fisker automobiles use an extended range electric vehicle architecture, and will offer a cruising range of about 300 miles.

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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

The New GM will incorporate the terms of GM’s recent agreements with the United Auto Workers (UAW) and Canadian Auto Workers (CAW) unions and will be led by GM’s current management team. Columbus, Ohio Close: 31 Dec 2009. Close the gap in active worker labor costs compared with transplant auto manufacturers. Orion, Mich.

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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

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. Bristol, TN Columbus, GA. Advanced Vehicle Research Center; Auto Exposure LLC; Big Fish Advertising and Public Relations; MotorWeek; Sabre Engineering; Northeast Utilities.

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