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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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Study Finds Global CO2 Emissions Dropped 1.3% in 2009; Emissions in China and India Rose 9% and 6%

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Glen Peters, a senior research fellow at CICERO, pointed to China’s large investments in infrastructure and export production since 2009. Due to large exports, China doesn’t only benefit from its own stimulus package, but also from stimulus packages in other countries ”, said Peters. Resources.

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Germany and Namibia form partnership for green hydrogen

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The global race for the best hydrogen technologies and the best sites for hydrogen production is already on. The Federal Research Ministry will provide up to 40 million euros in funding from the economic stimulus package for cooperation within the framework of this partnership. We want to take this chance together.

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Next-generation Lead Acid Battery Company Firefly Energy Shuts Down, Files for Chapter 7

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Firefly co-founder and CEO Ed Williams said that Firefly Energy board decided to cease operations “ after 15 months of unsuccessful attempts to raise $20 million in equity capital, in the midst of this worldwide financial crisis, funds that would have enabled the company’s transition to full production and commercial sales. ”.

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California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

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Under the proposed plan, the NUMMI plant in Fremont, California would be converted into the manufacturing facility for the Aurica Motors E-Car, an all-electric vehicle, as well as Aurica’s proposed PEP (Power Exchange Package) battery swap system. The PEP station concept is not compatible with the Better Place system.

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Zero-Emission Truck (ZET) Coalition calls for government to prioritize investments benefiting ZETs

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The National Zero-Emission Truck (ZET) Coalition, including some four dozen organizations representing the US’ major heavy truck makers, innovators, suppliers and key stakeholders, sent a letter to Congressional leadership calling on any stimulus or recovery legislative package to prioritize investments that benefit U.S.

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Valence Considering Building Battery Plant in US or Europe

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is considering building a battery plant in the US or Europe and will look into the possibility of funding from the economic stimulus package proposed by President Barack Obama. Valence currently does most of its production in China. Lithium-ion battery company Valence Technology Inc. Earlier post.].