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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

JUNE 1, 2009

Jacksonville, Fla. GM will launch the Chevrolet Volt extended range electric vehicle in 2010, expects to have 14 hybrid models in production by 2012, and will have 65% of vehicles alternative-fuel capable by 2014. Warrants granted to the New VEBA to acquire newly issued shares in the New GM equal to 2.5%

GM Canada 2009 2010

President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

AUGUST 5, 2009

The announcement marks the single largest investment in advanced battery technology for hybrid and electric-drive vehicles ever made. Companies and universities in Michigan are receiving more than $1 billion of the grants. Companies and universities in Michigan are receiving more than $1 billion of the grants. A123 Systems, Inc.

Grant

Grant Lithium Ion Obama St. Louis

EV Driven

GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

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