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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.
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. million, which comprises a state incentive package of $21.3 Earlier post.)
The areas of application are diverse: courier, express and package service providers (KEP, in German: Kurier-, Express- und Paketdienstleister); plant transportation in large corporations; service vehicles for plant maintenance, customer service, and assembly and internal transport within companies.
The report shows that even after a tumultuous 2008, an index of the world’s 90 leading clean energy companies had a five-year compounded annualized return of almost 10%, unmatched by the world’s major stock indices. Clean energy opportunities have the potential to generate significant economic returns. billion) in 2004.
In nearby Silicon Valley, companies are ordering workplace charging stations in the belief that their employees will be first in line when electric cars begin arriving in showrooms. And local electrical grids may need reinforcement. Price and tax incentives need to be worked out. Locations must be found for charging stations.
A powerful roster of key industry players in the rapidly evolving electric vehicle arena will come together at Infocast’s Opportunities in Grid-Connected Mobility in San Francisco, California. For further information about Opportunities in Grid-Connected Mobility, visit [link]. Introductory and discount rates are available.
We noted in December that the Society of Automotive Engineers, or SAE, was working to update standards for the interface between plug-in electric cars and the grid, and planned to agree on a set within months. And for this ecosystem to be robust, there must be commonality, especially when owners are plugging into the electrical grid.
Their company, Farmers’ Ethanol , plans to combine energy and food production within the same facility and by doing so create a business that can survive the wild fluctuations in commodity prices that plague today’s corn ethanol business. Either the developer provides the guarantee, the engineer or a third party insurance company.
ACORE is an organization of member companies and institutions that are dedicated to moving renewable energy into the mainstream of America’s economy. As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. Billion vs. $28.3 Billion in 2008).
Fortunately, unlike some CEOs and company boards…. But that’s nothing compared to what Germany — who, to my recollection, wins its first-ever Top EV Country medal — did last year… Coming out of the first Covid lockdown, most Western European countries passed some version of a “mini green new deal” in their stimuluspackages.
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