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New A123 Systems LLC emerges

Green Car Congress

Included in the acquisition, which has received approval from the Committee on Foreign Investment in the United States (CFIUS), are A123’s automotive, grid and commercial business assets, including technology, products, customer contracts and U.S. A123’s joint venture with Shanghai Automotive. Transportation.

Lead Acid 310
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Orange EV raises $35M to scale electric trucking solutions

Green Car Congress

The investment will allow Orange EV to scale its manufacturing to meet tremendous demand increases, deliver class-leading vehicles to new markets, and develop new technologies that will increase the company’s lead in the Class 8 commercial vehicle segment.

Missouri 199
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USDA providing $9.6M to create 9,000 acres of BCAP project areas for non-food energy crop production

Green Car Congress

BCAP, created in the 2008 Farm Bill, helps farmers and forest land owners with start-up costs of planting new energy crops that can take several years to reach maturity until harvest, a timeline designed to parallel the construction schedule of commercial-scale energy facilities that will use these crops.

Arkansas 218
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US DOE Awards $37 Million for Marine and Hydrokinetic Energy Technology Development

Green Car Congress

The US Department of Energy (DOE) has selected 27 projects for more than $37 million in funding to accelerate the technological and commercial readiness of emerging marine and hydrokinetic (MHK) technologies, which seek to generate renewable electricity from oceans and free-flowing rivers and streams. DOE Funding: $160,000.

Mariner 210
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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

The EPA’s target reduction reflects the technical challenges and high costs of commercializing so-called second-generation biofuels. Instead of the 950 million liters required initially under the 2007 Energy Independence and Security Act, the final target will be a much smaller 25 million liters.

2010 256
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DOE reports progress on development of hydrogen storage technologies

Green Car Congress

For the near-term, the focus is on improving performance and lowering the cost of high-pressure compressed hydrogen storage systems. Related to this, DOE seeks by 2020 to develop novel precursors and conversion processes capable of reducing the high-volume cost of high-strength carbon fiber by 25% from $13 per pound to ~$9 per pound.

Hydrogen 225
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Smith Electric Vehicles US Selects Kansas City for Electric Truck Assembly Plant; Newton Model to Be First

Green Car Congress

Production of the first zero-emission commercial trucks is scheduled to begin third quarter of 2009. We feel the greatest opportunity to have a major impact on the electric vehicle industry is through fleet operators who utilize commercial vehicles in a depot-based delivery model.