Green Car Congress
APRIL 13, 2009
GE Energy Financial Services and GE Capital’s Equity unit provided $15 million of the amount raised by A123 in this financing. In addition to the private capital, A123 is seeking funds under federal and state stimulus and other programs to ramp up its production capabilities in Michigan. Earlier post.)
Green Car Congress
SEPTEMBER 20, 2011
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. GSR Ventures has offices in Beijing and Silicon Valley. Purcell, Jr., Earlier post.).
Green Car Congress
APRIL 26, 2010
Under the terms of the MassCEC financing, A123 will double its Massachusetts employment to more than 500 by 2014. A123 Systems has added more than 50 corporate and research and development jobs in Massachusetts in the last year associated with its expanded US manufacturing capacity in Michigan.
Green Car Congress
AUGUST 11, 2010
EnerG2 anticipates that ultracapacitors containing its materials will be used by the automotive industry for hybrid electric vehicles, by electronics manufacturers for enhancing the life and usability of consumer goods, and by a variety of industrial customers to deliver an breadth of new ways to improve energy efficiency.
Green Car Congress
JANUARY 21, 2010
The new Indiana plant will give EnerDel the capacity to produce battery packs for approximately 600,000 hybrid electric vehicles, or 60,000 battery-electric cars. The Indiana plant will be financed through a $118.5 The Indiana plant will be financed through a $118.5 Earlier post.)
Green Car Congress
MAY 19, 2011
Global hybrid + EV assembly forecast. More than 200 participants from the automotive, utilities, energy, technology, government, finance, education and other sectors provided their feedback for the effort. of respondents believe hybrids and plug-in hybrid electric vehicles (PHEVs) are the most appealing to consumers overall.
Green Car Congress
MARCH 13, 2009
As part of its report on fourth quarter and year-end 2008 results, Ener1 outlined its EnerDel unit’s customer programs underway for its lithium-ion battery technology in applications spanning hybrids, plug-in hybrids (PHEVs) and full electric vehicles. million was financed through capital leases. Ener1 purchased $21.3
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