Companies Financing Manufacturer Stimulus 
Green Car Congress
AUGUST 11, 2010
Seattle, Washington-based EnerG2 , a seven-year-old company focused on introducing advanced nano-structured materials for next-generation energy storage, broke ground on its first facility dedicated to the commercial-scale production of synthetic high-performance carbon electrode material for use in ultracapacitor energy storage devices.
Green Car Congress
MARCH 12, 2010
Startup electric car company Aurica Motors announced a plan to keep the NUMMI plant, which employs 4,700 people, from shutting down when Toyota leaves on 31 March. Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing.
Green Car Congress
SEPTEMBER 20, 2011
The growth capital and Chinese government incentives will be used predominantly to scale manufacturing, research and development, and business development activities in China for the company’s energy storage technology and products. GSR Ventures has offices in Beijing and Silicon Valley. Reorganizing.
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. Under the terms of the MassCEC financing, A123 will double its Massachusetts employment to more than 500 by 2014.
Green Car Congress
APRIL 18, 2020
Individual regional forecasts are set to a downtrend, and supply chain impacts are being felt, as the consequences of the virus have shuttered manufacturing and supplier facilities around the world. million units, in the wake of the COVID-19 pandemic. decline in global real GDP in 2020.
Green Car Congress
JANUARY 21, 2010
Lithium-ion battery manufacturer EnerDel will invest $237 million in a new manufacturing plant near its Indianapolis headquarters in order to meet anticipated demand for advanced battery systems used in both automotive and stationary smart grid applications. The Indiana plant will be financed through a $118.5 Earlier post.)
Green Car Congress
MARCH 13, 2009
The company has segmented its accounts into a focus list of ten high-priority customers. These accounts represent a near term revenue opportunity or are of strategic importance to the firm, according to the company, which said that it believed 50% of the focus list customers could generate revenue during 2009. Ener1 purchased $21.3
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