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CEC awards Proterra $3M toward electric bus manufacturing plant; Foothill Transit orders 13 more buses

Green Car Congress

The California Energy Commission (CEC) awarded a $3-million grant to leading battery-electric bus manufacturer Proterra as one of 46 transportation, energy storage, biogas and efficiency projects receiving a total of $83.7 Foothill Transit will also become the first customer for Proterra’s new extended-range vehicle, the Proterra Catalyst XR.

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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

These projects, selected through a highly competitive process by the Department of Energy (DOE), are intended to accelerate the development of US manufacturing capacity for batteries and electric drive components as well as the deployment of electric drive vehicles. billion in funding under the American Recovery and Reinvestment Act.

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BCG Report Expects Battery Costs Will Constrain Widespread Market Adoption of Fully Electric Vehicles, Absent a Technology Breakthrough; Forecasts 26% of Major Market New Cars in 2020 To be Hybrid or Electric

Green Car Congress

Although lithium-ion cell and pack costs are expected to fall sharply by 2020, they are unlikely to drop enough to support widespread adoption of fully electric vehicles without a major breakthrough in battery technology, according to a new study by The Boston Consulting Group (BCG).