Remove Companies Remove Federal Grant Remove Financing Remove Manufacturer
article thumbnail

Valence Applies for $225M in DOE Funds for Advanced Battery Production Facility

Green Car Congress

submitted a grant application requesting $225 million to the US Department of Energy under the Electric Drive Vehicle Battery and Component Manufacturing Initiative. This initiative supports the construction of facilities to manufacture advanced battery technology components for electric vehicles. Valence Technology, Inc.

article thumbnail

A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

million to replace battery modules and packs that may contain defective prismatic cells produced at A123’s Livonia, Michigan manufacturing facility. In addition, the company recorded an inventory charge of approximately US$15.2 In addition, the Company is evaluating various options to raise cash in the capital markets.

Grant 299
article thumbnail

Tesla + Toyota

Revenge of the Electric Car

. “This is like Christmas in May,&# said Saki Kavouniaris, whose steakhouse and cocktail lounge on Warm Springs Boulevard had seen business slump 30 percent since the New United Motor Manufacturing Inc. “When the dot-com died, we lost a lot of manufacturers and Fremont’s had a lot of ups and downs ever since.

Toyota 191
article thumbnail

Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

Subscribe Green News Events Manufacturers Region New Cars Used Cars Filed under: EV/Plug-in , Chrysler Chrysler unveils new electric minivan for the US Postal Service by Sam Abuelsamid on Apr 22nd 2009 at 10:05AM Chrysler U.S. Apr 22, 2009 - Chrysler invented the minivan 25 years ago.

Minivan 46