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Next-generation Lead Acid Battery Company Firefly Energy Shuts Down, Files for Chapter 7

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“Management tried repeatedly to protect against (closing) - even going without salaries for six months so that we could keep the company afloat and continue to pay employees,” said Ovan from his office in Chicago. Several military contracts totaling more than $5 million weren’t enough to keep the company afloat.

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

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The company continues to work with the Department of Energy in support of its application. In addition to these grants, Bright Automotive has applied for $450 million in government loans under the Energy Independence and Security Act of 2007 Advanced Technology Vehicles Manufacturing Loan Program.

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

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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. Li-ion manufacturer Ener1, Inc.

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

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million grant awarded under the federal stimulus package under a 50:50 cost-share program, of which EnerDel plans to spend $60 million in 2010. The project represents just the first stage of the company's expansion plans in the Indianapolis area. million, which comprises a state incentive package of $21.3 Earlier post.)

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

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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.

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Sandia Labs Battery Abuse Testing Laboratory undergoing $4.2M renovation to enable testing of larger batteries for EVs and PHEVs

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million overhaul, paid for with federal stimulus funds, includes updating test bays, data acquisition systems and laboratory space, and hiring additional staff members to meet the growing demand for Sandia’s battery safety expertise. Those studies included 12 years of testing for the FreedomCAR program and the US Advanced Battery Consortium.

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

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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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