Battery Financing Plug Stimulus 
Green Car Congress
MARCH 12, 2010
Under the proposed plan, the NUMMI plant in Fremont, California would be converted into the manufacturing facility for the Aurica Motors E-Car, an all-electric vehicle, as well as Aurica’s proposed PEP (Power Exchange Package) battery swap system. Aurica envisions a battery swap in 3 minutes or less.
Green Car Congress
APRIL 13, 2009
A123Systems has raised $69 million from GE and other investors to accelerate the expansion of its US lithium-ion battery manufacturing and smart grid capabilities. GE Energy Financial Services and GE Capital’s Equity unit provided $15 million of the amount raised by A123 in this financing. Earlier post.) Earlier post.)
Green Car Congress
APRIL 26, 2010
The Massachusetts Clean Energy Center (MassCEC) has approved a $5-million forgivable loan for Li-ion battery manufacturer A123 Systems contingent on its hitting job creation and private investment milestones. With the new expansion, A123 Systems will assemble and commission grid-storage battery systems in Massachusetts.
Green Car Congress
MAY 19, 2011
More than 200 participants from the automotive, utilities, energy, technology, government, finance, education and other sectors provided their feedback for the effort. The survey addresses a range of topics relevant to the success of plug-in electric drive vehicles, including product design (i.e., Nearly 68.8%
Plugs and Cars
JUNE 4, 2009
Plug-in cars are inevitable. The other carmakers domestic and foreign have less firm but well press-released plans for plug-ins. Veteran automakers, oil companies, and federal and state governments have been both the prime movers and obstacles to plug-in cars in the past and they remain so today. Here's my June column.
Green Car Congress
MARCH 13, 2009
As part of its report on fourth quarter and year-end 2008 results, Ener1 outlined its EnerDel unit’s customer programs underway for its lithium-ion battery technology in applications spanning hybrids, plug-in hybrids (PHEVs) and full electric vehicles. million was financed through capital leases. million in 2007.
Tony Karrer Delicious EVdriven
APRIL 30, 2009
policy shifts to favor battery-powered autos. Still, the company will respond to a push by theObama administration for carmakers to sell plug-ins, he said. “We Honda has yet to announce plans to sell one, citing highcosts for the lithium-ion batteries needed to power them andpoor range. “We General Motors Corp., at 4:01 p.m.
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