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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas.

Financing 170
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New lightweight metals institute will be headquartered in Detroit

Green Car Congress

The new $148-million lightweight metals manufacturing institute announced in February by President Obama ( earlier post ) will locate in the Corktown neighborhood of Detroit, officials from the American Lightweight Materials Manufacturing Innovation Institute (ALMMII) and the city announced today.

Detroit 218
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The Business of Plugging In: Building the Full Ecosystem for a Successful Plug-in Vehicle Industry in the US

Green Car Congress

As one of the speakers put it to the attendees, the bulk of which came from Southeast Michigan, plug-in vehicles will a major career path for most of the people in the room. Therefore it is important that auto manufacturers, policy makers and electric utilities work together very closely. Assistant Professor, Michigan State University.

Plug-in 210
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ARPA-E Awards $151M to 37 Projects for Transformative Energy Research

Green Car Congress

Of the lead recipients, 43% are small businesses, 35% are educational institutions, and 19% are large corporations. Electronville: High-Amperage Energy Storage Device-Energy Storage for the Neighborhood. Earlier post.) The awarded grants will go to projects with lead researchers in 17 states. Biomass Energy (5 projects).

Energy 231