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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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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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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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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.,

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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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Ricardo responds to electric drive stimulus package

Green Cars News

The company has already established a Battery Systems Development Centre at its Detroit Technology Campus, which provides one of the world’s most comprehensive and integrated range of capabilities for turnkey development and application of high voltage battery pack systems in hybrid, plug-in hybrid and electric vehicles.

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Valence Considering Building Battery Plant in US or Europe

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Lithium-ion battery company Valence Technology Inc. is considering building a battery plant in the US or Europe and will look into the possibility of funding from the economic stimulus package proposed by President Barack Obama. Statesman.com. Valence currently does most of its production in China. Earlier post.].