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

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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.

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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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This will represent the largest deployment of commercial PHEVs to date. Eaton will work with grant recipient South Coast Air Quality Management District (SCAQMD) and other affiliates, including the Electrical Power Research Institute (EPRI), Altec Industries, Compact Power Inc., The funding is part of the recently announced $2.4

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PwC industry survey provides check-up on determining factors for EV success

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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 believe hybrids and plug-in hybrid electric vehicles (PHEVs) are the most appealing to consumers overall. Nearly 68.8%

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Ener1 Outlines Automotive Programs Underway for Li-ion Packs

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As part of its report on fourth quarter and year-end 2008 results, Ener1 outlined its EnerDel unit’s customer programs underway for its lithium-ion battery technology in applications spanning hybrids, plug-in hybrids (PHEVs) and full electric vehicles. Overall, Ener1 reported 2008 revenues of $6.8 million compared to $280,000 in 2007.

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A123Systems Raises $69 Million in New Round of Private Financing; GE Increases Ownership to More than 10%, Director of GE Global Research to Join Board

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In addition to the private capital, A123 is seeking funds under federal and state stimulus and other programs to ramp up its production capabilities in Michigan. Chrysler is also partnering with GE to demonstrate an economically viable OEM-integrated dual-battery PHEV technology within the next 3-5 years. Earlier post.)

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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“Contributing to the short-term over-capacity issue is that manufacturers rushed to build out capacity ahead of demand to (a) capture stimulus funding and (b) try to drive scale to reduce cost. “In the near-term, we expect to see some consolidation in the battery industry, with a few leaders taking the lead.

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The Race to Plug-In Hybrids Is On

Green Cars News

A powerful roster of key industry players in the rapidly evolving electric vehicle arena will come together at Infocast’s Opportunities in Grid-Connected Mobility in San Francisco, California. A key goal of the Obama administration is to have one million ‘PHEVs’ or a fully electric vehicle on the road by 2015.

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