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Li-ion maker Boston-Power adds $30M in funding; China expansion

Green Car Congress

Located in the Shanghai Corridor and scheduled for completion by the end of 2012, the facility will be capable of producing 400 MWh of lithium-ion battery cells annually. Concurrently, Boston-Power is establishing an R&D and EV battery engineering facility in Beijing.

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Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program

Green Car Congress

The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. Tax Credits for Plug-ins. Minimum capacity of a qualified battery is 4 kWh.

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Hasner’s Florida State Electric Car Tax Break Gets Boost

Revenge of the Electric Car

Josh Hafenbrack posts this informative entry covering the status of Hasner’s Florida State electric car tax break on the SunSentinel.com. Read more of the article: Hasner’s electric car tax break gets boost. Hasner’s electric car tax break gets boost. Florida House Majority Leader Adam Hasner.

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Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

Green Car Congress

a provider of next-generation lithium-ion battery cells, modules and systems ( earlier post ), has entered a multi-year agreement to provide lithium-ion battery systems to Beijing Electric Vehicle Company (BJEV), the electric vehicle delivery arm of Beijing Automotive Industry Company (BAIC). Boston-Power, Inc., Earlier post.).

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

DB has lowered its advanced lithium-ion battery cost projection by about 30% for 2012. Increasing political animus towards the ethanol tax credit, which was “ begrudgingly renewed for one year in the lame-duck tax bill.” Click to enlarge. He also believes that sub-1.6L CAGR from 2012 through 2020 to about $250/kWh.

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Hasner’s Florida State Electric Car Tax Break Gets Boost

Revenge of the Electric Car

Josh Hafenbrack posts this informative entry covering the status of Hasner’s Florida State electric car tax break on the SunSentinel.com. Read more of the article: Hasner’s electric car tax break gets boost. Hasner’s electric car tax break gets boost. Tags: Inside Track EV Economics tax incentives legislation.

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NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. Or No Cars?