article thumbnail

Saft launches industrial production at Jacksonville Li-ion battery plant

Green Car Congress

Saft inaugurated an advanced automated lithium-ion battery factory in Jacksonville, Florida. This high-volume production facility will build advanced lithium-ion cells and batteries for energy storage for renewable energy, smart grid support, broadband back-up power, transportation and defense.

article thumbnail

Saft begins deliveries of first lithium-ion batteries produced by new Jacksonville plant

Green Car Congress

Jacksonville, Florida. The first deliveries from Jacksonville have included hundreds of cells for battery assembly for European customers. —Dan Miller, Jacksonville operations manager. million federal grant from the Department of Energy (DOE) under the American Recovery and Reinvestment Act (ARRA).

article thumbnail

Saft Confirms Location for Li-ion Battery Factory in Jacksonville, Florida

Green Car Congress

Following receipt of a $95 million grant from the US Department of Energy under the American Recovery and Reinvestment Act and successful negotiations between Saft, the state of Florida, and the city of Jacksonville, construction will soon begin in Jacksonville for a lithium-ion battery factory.

article thumbnail

Saft to Raise Approximately 120M to Fund Li-ion Plants in US

Green Car Congress

Saft remains very focussed on its exciting medium term growth prospects, with high performance Li-ion batteries and is delighted that its projects have been chosen by the US Government to receive grants to build new factories in North America. Jacksonville. reduction in Q3 sales year-on-year to €123.2

Li-ion 170
article thumbnail

USDOT awarding $55M to support purchase of Low-No buses; electric buses and infrastructure

Green Car Congress

The US Department of Transportation’s Federal Transit Administration (FTA) announced $55 million in grant selections through the Low or No Emission (Low-No) Vehicle program, which funds the development of transit buses and infrastructure that use advanced fuel technologies. The Jacksonville Transportation Authority. Broward County.

Purchase 191
article thumbnail

Saft aiming for lithium-ion plant funding

Green Cars News

Depending on market conditions, Saft hopes to raise approximately €120million by way of preferential subscription rights to fund a lithium-ion battery plant in Jacksonville, Florida, a lithium-ion hybrid and electric battery plant in Holland, Michigan, and to reinforce its financial flexibility.

article thumbnail

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

Green Car Congress

Jacksonville, Fla. These totals reflect GM’s recently announced plans to build a future small car in the US. Warrants granted to the New VEBA to acquire newly issued shares in the New GM equal to 2.5% Close: Dec 2010. Massena Castings, N.Y. Closed: May 2009*. Boston, Mass. Close: 31 Dec 2009. Close: 31 Dec 2009. Earlier post.)

GM 150