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Bright Automotive Applies for $35M in Stimulus Package Grants to Accelerate Production of PHEV

Green Car Congress

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.

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mPhase to Pursue Funding From Stimulus Plan’s $2B for Advanced Automotive Battery Technology

Green Car Congress

says it will pursue funding opportunities arising from the $2 billion allocated for advanced battery technology in the new economic stimulus package. mPhase is developing its Smart NanoBattery as part of a Phase II STTR Grant that was awarded by the United States Army in 2008. mPhase Technologies , Inc.,

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EnerDel To Deploy AeroVironment Advanced Electric Vehicle Power Cycling and Test Systems at Indiana Facility

Green Car Congress

Automotive lithium-ion battery maker EnerDel will be using a portion of its recent federal stimulus grant to purchase eight AeroVironment (AV) advanced electric vehicle power cycling and test systems. In August EnerDel was awarded a $118.5

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Ricardo responds to electric drive stimulus package

Green Cars News

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.

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EnerDel Plans to Invest $237M in New Indiana Lithium-Ion Battery Plant

Green Car Congress

million grant awarded under the federal stimulus package under a 50:50 cost-share program, of which EnerDel plans to spend $60 million in 2010. million, which comprises a state incentive package of $21.3 million and Hancock County package valued at $48.6 The Indiana plant will be financed through a $118.5

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Li-ion manufacturer Ener1 files pre-packaged Chapter 11 bankruptcy

Green Car Congress

has initiated a pre-packaged Chapter 11 bankruptcy case to implement a restructuring plan agreed on by its primary investors and lenders. million in federal grant funding under the stimulus package. million in federal grant funding under the stimulus package. Li-ion manufacturer Ener1, Inc.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

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. Five months ago. Billion in Q1 2009 vs. $28.3

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