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DOE Announces $528.7M Conditional Loan for Fisker Automotive for PHEVs

Green Car Congress

million ATVM loan for engineering integration costs as it works with primarily US suppliers to complete the company’s first vehicle, the Fisker Karma. Engineers will also design tools and equipment and develop manufacturing processes. billion for Ford Motor Company; $1.6 Earlier post.) The second stage includes a $359.36-million

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

Green Car Congress

Pending approvals, the New GM is expected to launch in about 60 to 90 days as a separate and independent company from the current GM. Livonia Engine, Mich. Columbus, Ohio Close: 31 Dec 2009. General Motors Corp. Close: Jul 2009. Grand Rapids, Mich. Close: Jun 2009*. Indianapolis, Ind. Close: Dec 2011. Mansfield, Ohio.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Companies and universities in Michigan are receiving more than $1 billion of the grants. Bristol, TN Columbus, GA. FutureFuel Chemical Company. Ford Motor Company. Electric Transportation Engineering Corp. Ford Motor Company. $30. Primary lithium chemistries include nickel-cobalt-metal and iron phosphate.

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