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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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The US Department of Energy (DOE) awarded $19 million for 13 projects in traditionally fossil-fuel-producing communities across the country to support production of rare earth elements and critical minerals essential to the manufacturing of batteries, magnets, and other components important to the clean energy economy.

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A123 expects assets sales to Wanxiang and Navitas to close by 1 Feb

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A123 Systems expects that the agreements for the purchases of its assets by Wanxiang America Corporation and Navitas Systems LLC to close, pursuant to the terms set forth in the agreements, by 1 February 2013. Earlier post.). A123’s joint venture with Shanghai Automotive.

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USDOT announces $84.9M through Lo-No program to expand advanced bus technologies

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These include hydrogen fuel cells, battery electric engines, and related infrastructure investments such as charging stations. The Anaheim Transportation Network will receive funds to purchase advanced battery-electric buses. Delaware Transit Corporation. Bloomington Public Transportation Corporation. Project Sponsor.

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New A123 Systems LLC emerges

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Li-ion battery maker A123 Systems LLC, a newly formed, wholly owned subsidiary of Wanxiang America Corporation, has acquired substantially all of the non-government business assets of bankrupt A123 Systems, Inc. A123’s joint venture with Shanghai Automotive. A123’s joint venture with Shanghai Automotive. Lead-Acid Replacement.

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A123 Systems reaches agreement to sell substantially all assets to Wanxiang for $256.6M

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reached agreement on the terms of an asset purchase agreement with Wanxiang America Corporation through which Wanxiang would acquire substantially all of A123’s assets for $256.6 Wanxiang outbid a joint Johnson Controls and NEC offer and a bid from Siemens in an auction held on 6 December for the assets of the bankrupt Li-ion battery maker.

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National Alliance for Advanced Transportation Batteries Opts for Kentucky Site for Li-ion Plant

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The National Alliance for Advanced Transportation Batteries (NAATBatt) ( earlier post ) has selected a site in Hardin County, Kentucky to build a more than $600-million automotive lithium-ion battery plant. Kentucky was selected over Texas, Illinois, Kansas, Missouri, New York, Pennsylvania and South Carolina. Earlier post.).

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ARPA-E Selects 37 Projects for $106M in Funding in Second Round; Electrofuels, Better Batteries and Carbon Capture

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The second round was focused specifically on three areas of technology representing new approaches for advanced microbial biofuels (electrofuels); much higher capacity and less expensive batteries for electric vehicles; and carbon capture. Better Batteries - Batteries for Electrical Energy Storage in Transportation (BEEST).

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