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Bright Automotive has applied for $35 million in government grants to accelerate the production of its plug-in hybrid the IDEA ( earlier post ), and to deliver battery solutions to the industry through its engineering services arm.
A consortium is seeking US stimulus funding available through the Federal Transit Administration’s (FTA) Transit Investments for Greenhouse Gas and Energy Reduction (TIGGER) program to convert 20 hybrid diesel-electric buses to hybrid dimethyl-ether (DME)-electric propulsion. a developer of fuel injection equipment for DME-fueled vehicles.
The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. 20 million for geologic sequestration training and research grants. Funds under this heading include: $2.5
This is already a reality as governments around the world have offered billions of dollars in the form of loans, grants, and rebates through various stimulus programs. of respondents felt each should share the financial burden), government agencies in particular will be creating ample financial incentive to other participants.
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.
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.
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.
Bill Roberts, professor of mechanical and aerospace engineering at NC State and primary investigator of the grant. The $2 million grant is part of the federal stimulus package and comes from NSF’s Emerging Frontiers in Research and Innovation program. student Tim Turner, and industry partners Diversified Energy Corp.
The new chassis model is the only one domestically engineered and the first in the industry to be completely all-electric (includes HVAC system) in North America, according to FCCC. FCCC initiated our all-electric project well before stimulus money and federal grants were available for alternative-power transportation projects.
The charge stations and installations were paid for with federal stimulus and California Energy Commission grants won by Coulomb. If you are a business in a program area, you can get the same deal - free charge stations paid for by stimulus money. Ecotality's EV Project got an exclusive.) But for whom?
We need a coordinated relaunch of industrial and retail activity, with maintained liquidity for businesses. Demand stimulus will boost the utilization of our manufacturing capacity, safeguarding jobs and investments. Grant uniform exemptions for cross-border commuting and necessary travel.
a provider of next-generation lithium-ion battery cells, modules and systems ( earlier post ), has entered a multi-year agreement to provide lithium-ion battery systems to Beijing Electric Vehicle Company (BJEV), the electric vehicle delivery arm of Beijing Automotive Industry Company (BAIC). Boston-Power, Inc., High constant power: 440W/kg.
FCCC is the first company within the industry to utilize Tesla batteries for commercial applications. The all-electric chassis also was initiated before stimulus money and federal grants were available for alternative-fuel transportation projects.
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. CEO, Protean Electric and a 32-year auto industry veteran responsible for the development and production of the GM EV-1.
Ener1 said that customer interest in its lithium-ion batteries from all segments remained strong in spite of distress the auto industry and current recessionary economic conditions. Net loss in 2008 was $43 million, compared to a loss of $51.7 million in 2007. Ener1 total assets are $142 million compared to $31 million in 2007.
The treasure chest was cleverly disguised in the form of Federal stimulus money from the ARRA, the American Recovery and Reinvestment Act. But snatching victory from the jaws of defeat – like a last second Derek Fisher three pointer at the buzzer – as I discovered from Brian Gitt, is the infusion of ARRA stimulus money.
Ricardo, one of the leaders in the development of electric and hybrid vehicles, has welcomed President Obama’s announcement of $2.4billion in grants to accelerate the manufacturing and deployment of the next generation of US batteries and electric vehicles.
A billion dollars of loans and grants directly supporting Tesla, Th!nk, And these days a billion dollars is barely a rounding error in the money going to prop up the American auto industry. At the same time, the value to the economy and environment of a major push for plug-in cars as part of the recovery hasn’t sunk in at the top.
If you listen to US President Barack Obama it has been a long time coming – his decision to pour $2.4billion of stimulus money to make America a global leader in electric and hybrid car development comes as the country plays catch up to the likes of Japan and even China in the green car race (see article ). “I Who will benefit? Our verdict.
The COVID-19 control measures and the economical crisis that followed took a massive toll on the global automotive and manufacturing industries. Maintaining the proper supplier network became very difficult and led to ambiguity in the industry. The Pandemic COVID-19 is still pretty strong and fatal in certain regions of the world.
Now there are more than 40 locations that have applied for Texas Commission on Environmental Quality VEMP Level 2 grants , and I know of a few more that are still discussing plans in committee. Sometimes I talk about the advanced energy sector job growth and explain how the town’s proximity to trade routes can attract industry jobs.
The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Anderson has worked in power industry finance since 1992.
“This is a great day for Fremont, the beginning of a new industry and a new chapter in our history,&# said the mayor. That project, according to the White House, employs more than 1,000 workers, making it one of the most successful stimulus investments in terms of spurring job creation. Advertisement. Hub of green tech.
billion in stimulusgrants to the industry. The city’s overall emissions that year totaled 53.3 million metric tons, according to a previous PlaNYC study. On the national level, the Obama administration has set the goal of 1 million plug-in hybrids on U.S. roads by 2015 and has provided $2.4 Or No Cars?
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