Remove Corporation Remove Industrial Remove Sale Remove Stimulus
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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

Green Car Congress

Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. CEO, Protean Electric and a 32-year auto industry veteran responsible for the development and production of the GM EV-1. Purcell, Jr.,

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. In the US hybrids fell from about 3% of total sales in 2008-09 to 2.2%

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GE to Open Sodium-Metal Halide Battery Plant in New York

Green Car Congress

The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. Immelt said that GE expected to generate about $500 million in sales from its batteries by 2015, building forward to a $1-billion franchise over time. The initial investment in the factory will be $100 million.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

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According to Marcero, who is part of the firm’s Corporate Advisory and Restructuring Services team based in Southfield, Mich., Suppliers struggled to make money when industry volumes were almost double what they are today, and the consolidation that has occurred has been happening mostly among smaller companies at the lower tiers.

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Freightliner Custom Chassis Corporations All-Electric Walk-In Van Chassis Debuts at NTEA Work Truck Show; Enova Drive System, Tesla Battery Pack

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Freightliner Custom Chassis Corporation (FCCC) presented the preproduction plug-in all-electric walk-in van (WIV) chassis at the 2010 National Truck Equipment Association (NTEA) Work Truck Show. FCCC initiated our all-electric project well before stimulus money and federal grants were available for alternative-power transportation projects.

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Freightliner Custom Chassis and Morgan Olson Introduce Next Generation Vehicle for FCCC All-Electric Walk-In Van

Green Car Congress

Freightliner Custom Chassis Corporation (FCCC) and Morgan Olson LLC launched the next generation vehicle with new exterior and interior body styling for the all-electric walk-in van (WIV). FCCC is the first company within the industry to utilize Tesla batteries for commercial applications. Click to enlarge.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

GE: The global stimulus bellwether FORTUNE 500 Current Issue Subscribe to Fortune (Fortune Magazine) -- Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.

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