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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

Green Car Congress

Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. CEO, Protean Electric and a 32-year auto industry veteran responsible for the development and production of the GM EV-1. Purcell, Jr.,

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Ener1 Outlines Automotive Programs Underway for Li-ion Packs

Green Car Congress

Ener1 said that customer interest in its lithium-ion batteries from all segments remained strong in spite of distress the auto industry and current recessionary economic conditions. year financing under the Department of Energy’s (DOE) Advanced Technology Vehicle Manufacturing Incentive Program (ATVMIP). million in 2007.

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Tesla + Toyota

Revenge of the Electric Car

Resurrection of NUMMI auto plant by Tesla and Toyota lifts spirits all over Fremont. Resurrection of NUMMI auto plant by Tesla and Toyota lifts spirits all over Fremont. That means they will be hiring 1,000 workers, and possibly creating 10 times that number of jobs down the road. By Patrick May. pmay@mercurynews.com. Some doubts left.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. Other key actions for lenders to take include: Provide Affordable Financing: The interest rate on loans to finance consolidation efforts should be set at lower lending rates. Laura Marcero.

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Plug-in cars: Moving Forward

Plugs and Cars

I write a column for the Electric Auto Association newsletter, Current EVents. The taxpayer is financing the American automakers’ survival and their future. In addition to the California funds there is federal stimulus money, $41 million by mid-April, being doled out to their projects, many of zero environmental benefit.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

policy shifts to favor battery-powered autos. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Honda, the world’s largest engine maker, set a goal ofleading the industry in hydrogen fuel cell autos. millionthis year from $211.9

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Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

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