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A123 Systems has been the recipient of a number of state and federalgrants and tax incentives. million grant awarded under the US Department of Energy (DOE) Battery Initiative to support manufacturing expansion of new lithium-ion battery manufacturing facilities in Michigan. million of this grant in March 2009 and $6.0
Yet, the basic question for Federalgrant administrators, in our opinion, was whether grant funding should have continued or suspended once it became clear that: (i) all the promised production lines could not be completed within budget; and, (ii) LG Chem Michigan would continue to fill US demand with battery cells made in South Korea.
Department of Energys Transportation Electrification stimulus program for a federalgrant that would enable a nationwide demonstration fleet with the United States Postal Service (USPS) * Potential partnership with USPS to include infrastructure support from ConEd, Duke Energy, DTE Energy and Electric Power Research Institute (EPRI) Washington, D.C.,
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