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

Green Car Congress

Li-ion manufacturer Ener1, Inc. million in federal grant funding under the stimulus package. million in federal grant funding under the stimulus package. has initiated a pre-packaged Chapter 11 bankruptcy case to implement a restructuring plan agreed on by its primary investors and lenders.

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International Battery to provide Li-ion system to Sunverge for Net-Zero Energy Home Project

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Sunverge Energy has selected International Battery to provide a Li-ion energy storage systems (ESS) as the energy storage component of Sunverge’s Solar Integration System (SIS). International Battery produces commercial Lithium ion products using a water-based manufacturing process that helps to eliminate toxic solvents.

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DOE Inspector General review finds automotive Li-ion battery maker LG Chem Michigan misused Recovery Act funds; DOE management, low market demand contributory

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A review by the US Department of Energy (DOE) Office of the Inspector General (OIG) has found that Li-ion battery maker LG Chem Michigan misused funds awarded to it under the American Recovery and Reinvestment Act of 2009 (Recovery Act). Less than half of the expected number of jobs had been created to support the project.

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Michigan Awards $543.5M in Tax Credits to Four Battery Makers, Who Announce Plans for $1.7B Investment in Li-ion Battery Plants in Michigan

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billion in Li-ion manufacturing facilities in the state. The state refundable tax credits will help the companies in their quest for some of the $2 billion in federal grants for advanced-battery research and development. The Michigan Economic Growth Authority (MEGA) Board awarded $543.5 A123Systems Inc.

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Proterra introduces 35-foot electric bus

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Battery-electric bus manufacturer Proterra has introduced a new 35-foot vehicle based on the same technology platform as its current 40-foot Catalyst vehicle. The XR Extended Range product, using NMC Li-ion cells, allows longer distances between charge events. Earlier post.).

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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

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In its most recent 8K filing with the Securities and Exchange Commission (SEC), Li-ion battery maker A123 Systems said a number of circumstances have raised “ substantial doubt on [its] ability to continue as a going concern.”. A123 Systems has been the recipient of a number of state and federal grants and tax incentives.

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Dow Kokam Breaks Ground on Li-ion Battery Manufacturing Plant in Michigan

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The facility will produce lithium-ion batteries to supply the growing electric vehicle (EV) and hybrid electric vehicle (HEV) market. Dow Kokam envisions an 800,000 square-foot, large-format battery manufacturing facility that will be developed in two overlapping construction phases.

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