Green Car Congress

MARCH 19, 2009

While the President’s Task Force on the Auto Industry continues to review restructuring plans submitted by General Motors and Chrysler, the US Department of the Treasury announced an Auto Supplier Support Program that will provide up to $5 billion in financing to US-based suppliers.

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Financing Auto Chrysler Auto Industry 150

Green Car Congress

MARCH 14, 2009

But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit. Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations.

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Grant Supplies Auto Industry Industry 150

Green Car Congress

SEPTEMBER 20, 2011

Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. CEO, Protean Electric and a 32-year auto industry veteran responsible for the development and production of the GM EV-1.

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Boston Li-ion China Lithium Ion 199

Green Car Congress

MARCH 13, 2009

Ener1 said that customer interest in its lithium-ion batteries from all segments remained strong in spite of distress the auto industry and current recessionary economic conditions. year financing under the Department of Energy’s (DOE) Advanced Technology Vehicle Manufacturing Incentive Program (ATVMIP). million in 2007.

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Li-ion 2008 Lithium Ion 2007 150

Green Car Congress

SEPTEMBER 23, 2013

The program backs automotive companies that offer both green energy initiatives, such as increased fuel efficiency, and new auto industry jobs in the United States. VPG stopped production of the vans when its finances dipped below the minimum required as a condition of the DOE loan. Earlier post.)

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Fisker Karma Market United States 218

Charged EVs

DECEMBER 14, 2021

It was a stunt, granted, but definitely a first for most of us. Finance coverage at the end of October suggested a valuation of $50 billion or more—higher than Kia or Nissan, both of which are decades old and make millions of cars a year. The food was splendid.). On November 10, Rivian debuted as a publicly traded company. Stay tuned.

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F-150 Colorado Land Rover Los Angeles 119

Baua Electric

OCTOBER 30, 2024

It’s official: The European Union is moving ahead with increased tariffs on Chinese-made EVs to as much as 45.3% – in an effort to save its auto industry from total demise. Subsidized solar panels have also wiped out European solar producers , and European governments are hoping the auto industry can avoid the same fate.

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Chinese Chery BYD Hungary 52