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
AUGUST 5, 2009
The announcement marks the single largest investment in advanced battery technology for hybrid and electric-drive vehicles ever made. Production of nickel-cobalt-metal battery cells and packs, as well as production of battery separators (by partner Entek) for hybrid and electric vehicles. Industry officials expect that this $2.4
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