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GM Ventures invests in battery-electric bus company Proterra

Green Car Congress

near Clemson University International Center for Automotive Research. Proterra’s TerraVolt energy storage system consists of 54-72 kWh lithium titanate battery packs that recharge in 10 minutes using the company’s roof-mounted Fast Fill recharging system. Proterra Inc. later this year.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

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billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. Companies and universities in Michigan are receiving more than $1 billion of the grants. Production of lithium-ion cells and packs for hybrid and electric vehicles.

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