Financing Motors Production Stimulus 
Green Car Congress
MARCH 12, 2010
Startup electric car company Aurica Motors announced a plan to keep the NUMMI plant, which employs 4,700 people, from shutting down when Toyota leaves on 31 March. Planned production would be 5,000 cars in the first year of production, moving up to 50,000+ within three years.
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.) Earlier post.)
Revenge of the Electric Car
JANUARY 5, 2010
“Ford Motor Co. 28 (Bloomberg) — Ford Motor Co. Local utility RheinEnergie AG will supply vehicle-charging stations for the test, which is being financed by the German government’s economic-stimulus package, Dudenhoeffer said. Ford is starting EV trials in Germany. 4 as the U.S. By Chris Reiter. 4 as the U.S.
Revenge of the Electric Car
MAY 25, 2010
. “This is like Christmas in May,&# said Saki Kavouniaris, whose steakhouse and cocktail lounge on Warm Springs Boulevard had seen business slump 30 percent since the New United Motor Manufacturing Inc. Tags: EV Economics Production News NUMMI Plant Tesla Toyota. plant shut down April 1. There’s more. Some doubts left.
Green Car Congress
MARCH 14, 2009
The economic impact of a General Motors or Chrysler bankruptcy is being debated across the country. But if the scenario plays out in an uncontrolled fashion, every automaker will almost certainly lose production and incur steep financial losses. This would help automakers identify and support the most viable companies.
Tony Karrer Delicious EVdriven
APRIL 30, 2009
Policy (Update2) Share | Email | Print | A A A By Alan Ohnsman April 27 (Bloomberg) -- Honda Motor Co. , General Motors Corp., Toyota Motor Corp. and startups Tesla Motors Inc. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars.
Tony Karrer Delicious EVdriven
APRIL 22, 2009
However, the electric drive portion of the vehicles, including the motor, electronics and A123 System lithium ion battery pack is identical. Earlier this month, Chrysler announced A123Systems as one of its strategic partners and production battery supplier for the companys initial production electric vehicles.
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