Saft launches industrial production at Jacksonville Li-ion battery plant

Green Car Congress

Saft inaugurated an advanced automated lithium-ion battery factory in Jacksonville, Florida. Saft Jacksonville has an annual sales capacity of $300 million. Saft was presented with incentives from the state of Florida and the city of Jacksonville to build the plant, and construction of the 235,000-square-foot facility was further funded by a $95.5 million federal grant from the Department of Energy under the American Recovery and Reinvestment Act.

Saft begins deliveries of first lithium-ion batteries produced by new Jacksonville plant

Green Car Congress

Jacksonville, Florida. The first deliveries from Jacksonville have included hundreds of cells for battery assembly for European customers. Starting volume industrial-scale deliveries to customers from the Jacksonville plant opened in September this year confirms the sound foundations we have put in place, both in terms of the advanced production technology we have implemented and the team of people we brought together to run it.

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Saft Confirms Location for Li-ion Battery Factory in Jacksonville, Florida

Green Car Congress

Following receipt of a $95 million grant from the US Department of Energy under the American Recovery and Reinvestment Act and successful negotiations between Saft, the state of Florida, and the city of Jacksonville, construction will soon begin in Jacksonville for a lithium-ion battery factory.

President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

billion in grants to US-based manufacturers to produce batteries and their components and to expand battery recycling capacity; $500 million in grants to US-based manufacturers to produce electric drive components for vehicles, including electric motors, power electronics, and other drive train components; and. Companies and universities in Michigan are receiving more than $1 billion of the grants. Jacksonville, FL.

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Saft aiming for lithium-ion plant funding

Green Cars News

Depending on market conditions, Saft hopes to raise approximately €120million by way of preferential subscription rights to fund a lithium-ion battery plant in Jacksonville, Florida, a lithium-ion hybrid and electric battery plant in Holland, Michigan, and to reinforce its financial flexibility. Tags: Green cars Latest news Lithium-ion batteries Department of Energy DOE funding Holland Michigan Jacksonville Florida John Searle Johnson Controls Saft Saft

Saft to Raise Approximately 120M to Fund Li-ion Plants in US

Green Car Congress

Saft intends , depending on market conditions, to raise approximately €120 million (US$177 million) in equity capital by way of an issue of preferential subscription rights to fund its lithium-ion battery plant in Jacksonville (Florida), the lithium-ion hybrid and electric battery plant of the Johnson-Controls-Saft JV in Holland (Michigan) and to reinforce its financial flexibility. Jacksonville.

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USDOT awarding $55M to support purchase of Low-No buses; electric buses and infrastructure

Green Car Congress

The US Department of Transportation’s Federal Transit Administration (FTA) announced $55 million in grant selections through the Low or No Emission (Low-No) Vehicle program, which funds the development of transit buses and infrastructure that use advanced fuel technologies. The Jacksonville Transportation Authority. The Jacksonville Transportation Authority will receive funding to replace diesel buses with 40' battery electric Gillig buses and chargers for an expansion route.

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Obama outlines plans for high-speed rail system

Green Cars News

The plan, which identifies $8billion provided in the American Recovery and Reinvestment Act, as well as $1billion for five years requested in the federal budget, will begin in late summer when the Federal Railroad Administration begins awarding the first round of grants. Southeast Corridor (Washington, Richmond, Raleigh, Charlotte, Atlanta, Macon, Columbia, Savannah, Jacksonville).

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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

Jacksonville, Fla. Warrants granted to the New VEBA to acquire newly issued shares in the New GM equal to 2.5% Warrants granted to GM at closing to acquire newly issued shares in the New GM equal to 15% of its outstanding common equity, with various exercise prices and expirations. General Motors Corp. reached agreements with the US Treasury and the governments of Canada and Ontario for the creation of a smaller, self-sustaining “New GM”.

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