Green Car Congress
JUNE 1, 2009
In addition to these grants, Bright Automotive has applied for $450 million in government loans under the Energy Independence and Security Act of 2007 Advanced Technology Vehicles Manufacturing Loan Program. The company continues to work with the Department of Energy in support of its application.
Green Car Congress
NOVEMBER 24, 2009
Worldwide, compared to the results of MECA’s 2007 survey, the overall 2008 sales figures remained about the same (43,118 diesel retrofit devices were sold by MECA member companies worldwide in 2008 vs. 44,625 in 2007). In California, 5,606 diesel retrofit devices were sold, of which 96% were diesel particulate filters.
Green Car Congress
NOVEMBER 8, 2009
Reuters reports that Chrysler has disbanded its ENVI team, formed in 2007 to bring electric-drive vehicles and related advanced-propulsion technologies to market. Earlier post.) Earlier post.). In April 2009, Chrysler unveiled four all-electric Chrysler Town & Country minivan concepts to the US Postal Service (USPS) in Washington, DC.
Green Car Congress
MARCH 13, 2009
million compared to $280,000 in 2007. Operating expenses were $36 million in 2008 compared to $21 million in 2007 as Ener1 increased research and development expenditures for customer and government projects, with R&D accounting for $23 million. million in 2007. Overall, Ener1 reported 2008 revenues of $6.8
Green Car Congress
JUNE 8, 2009
Coda Battery Systems LLC submitted a proposal under the stimulus grant program to the Department of Energy on 19 May for funding to build manufacturing at a facility in Enfield, CT. In 2007, Yardney received two federal awards totaling $200,000 for developing lithium-ion batteries for use in hybrid electric vehicles. Earlier post.).
Green Car Congress
APRIL 5, 2011
The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Without the CAFE standard and stimulus monies to promote green vehicle tech, the industry would not be headed toward a greener horizon.
Green Car Congress
JULY 22, 2009
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. Billion vs. $28.3 Billion in 2008). chance of default. Five months ago.
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