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KBR Awarded Contract by Chemetall Foote Corp. for Lithium Hydroxide Operation Expansion

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million grant from the US Department of Energy to expand and upgrade the production of lithium materials for advanced transportation batteries. KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets.

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Li-ion maker Boston-Power adds $30M in funding; China expansion

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Augmenting those capabilities, Boston-Power’s Westborough, Massachusetts-based team maintains responsibility for intellectual property development, research and development, global customer support, sales and business development and partnerships with advanced research organizations in the Boston area.

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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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Pike Research forecasts that the global market for all electric-drive buses—including hybrid, battery electric, and fuel cell buses—grow steadily over the next. Europe is behind on hybrid bus deployments, although stimulus. grants to offset the price premium. 6 years, with a compound annual growth rate (CAGR) of 26.4%

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Eaton to Support Project to Develop and Deploy Medium-Duty Plug-in Hybrid Systems; Stimulus Funding to Support Largest Commercial PHEV Demonstration to Date

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million grant to develop a fully integrated, production plug-in hybrid system for Class 2 – 5 vehicles (8,501 – 19,500 lbs gross vehicle weight), and the accompanying demonstration of a fleet of 378 plug-in hybrid trucks and shuttle buses. billion in grants by the US Department of Energy under the American Recovery and Reinvestment Act.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

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But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit. Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations.

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ABB invests $10M in ECOtality

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ABB, a global provider of power and automation technologies, has made a $10-million equity investment in ECOtality, Inc. The project is funded by the US Department of Energy through a federal stimulus grant of $114.8 The project will provide an EV infrastructure to support the deployment of 8,300 EVs.

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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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. Due to the strategy to focus predominantly on China in both the immediate and longer term, the company is reallocating its global resources.

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