Rechargeable Zinc-Air Battery Company Approved to Receive $6.8M in Loans and Tax Credits from the State of Oregon and City of Portland

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ReVolt Technology, LLC, a company that is developing rechargeable zinc-air batteries ( earlier post ), has been approved to receive a package of loans and tax credits from Oregon and Portland authorities totaling approximately $6.8 ReVolt has selected a site in Portland’s Airport Way Urban Renewal Area to serve as its headquarters and expects to begin battery development and HQ operations there in October, supporting approximately 150 jobs between 2010 and 2015.

Top 15 Nissan LEAF markets in US in 2013

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Another three are on the West Coast and in Hawaii: Seattle (4), Portland (5), and Honolulu (6). Georgia has a tax credit worth up to $5,000 for zero-emissions vehicles. Portland. Illinois provides a $4,000 state tax incentive for purchases and reduced registration fees.

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Zinc-Air Battery Company ReVolt Applying for $30M in Recovery Act Funds; Targeting EV Applications

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ReVolt, based in Stäfa, Switzerland, has selected Portland, Oregon as the location for its US headquarters and manufacturing center. By locating in Oregon, the company will be eligible, and intends to apply for, Business Energy Tax Credits from the Oregon Department of Energy for battery research and production. Securing government grants and tax credits will allow ReVolt to significantly accelerate its operations in Portland and US expansion, the company says.

Revolt makes bid for $30million grant

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According to ReVolt, the zinc-air technology offers up to three times the energy density of lithium-ion on a volumetric basis and the company has already selected Portland in Oregon as a manufacturing centre for the batteries. By locating in the US state it becomes eligible to apply for Business Energy Tax Credits from the Oregon Department of Energy for battery research and production. It now hopes to secure government grants and tax credits to accelerate its US expansion.

Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

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Portland General Electric. It will also list current tax credits and incentives applicable to EV charging.

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Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Not to be outdone, on Tuesday the Norwegian electric car startup, Think, was in Portland being wooed by the state as one of 8 potential places to site their first car manufacturing facility in the United States. Next post States’ Proposals for Gas Taxes Sputter 11 Comments 1.

Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

Kulongoski, Oregon as the electric-car manufacturer may be eyeing the “green” city of Portland. Tax credit incentives are also available to consumers in the U.S. The Renault-Nissan Alliance is building fleet charging stations in Portland and Phoenix.

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