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BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

Green Car Congress

In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers. Working together with companies and start-ups we will identify, develop, trial, and share applications. —Peter Altmaier, Federal Minister for Economic Affairs and Energy.

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Bright Automotive Applies for $35M in Stimulus Package Grants to Accelerate Production of PHEV

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This grant program, overseen by the Department of Energy (DOE) National Energy Technology Laboratory (NETL), provides funding to support the construction of US based manufacturing plants to produce batteries and electric drive components. The company continues to work with the Department of Energy in support of its application.

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Li-ion manufacturer Ener1 files pre-packaged Chapter 11 bankruptcy

Green Car Congress

Li-ion manufacturer Ener1, Inc. has initiated a pre-packaged Chapter 11 bankruptcy case to implement a restructuring plan agreed on by its primary investors and lenders. million in federal grant funding under the stimulus package. million in federal grant funding under the stimulus package.

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California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

Green Car Congress

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.

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mPhase to Pursue Funding From Stimulus Plan’s $2B for Advanced Automotive Battery Technology

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says it will pursue funding opportunities arising from the $2 billion allocated for advanced battery technology in the new economic stimulus package. mPhase Technologies , Inc., A rechargeable version of the Smart NanoBattery can be designed with lithium- ion chemistry for a wide range of applications, according to mPhase.

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A hydrogen-powered electric truck is being built by Adani in partnership with Ashok Leyland and Ballard

Electric Vehicles India

Indian company Adani Enterprises Limited has signed agreements with Ashok Leyland and Canadian company Ballard Power to pilot the development of hydrogen fuel cell electric trucks for the logistics and start-up of mining operations. Plans to invest more than $50 billion in innovative projects.

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EnerDel Plans to Invest $237M in New Indiana Lithium-Ion Battery Plant

Green Car Congress

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 million.