Green Car Congress

MAY 31, 2012

A123 Systems has been the recipient of a number of state and federal grants 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

Grant 299

Grant Tax Credit Michigan Massachusetts 299

Green Car Congress

APRIL 14, 2009

million in tax credits to four battery companies announcing plans to invest more than $1.7 The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.; The MEGA board approved a state tax credit valued at $44.6

Tax Credit 150

Tax Credit Michigan Li-ion Tax 150

Green Car Congress

JULY 30, 2018

States should work with their utilities and legislatures to advance new investment mechanisms, as well as apply for federal grants and join or create revenue-generating carbon pricing programs.

Federal Grant 170

Federal Grant Tax Credit Charging Tax 170

Green Car Congress

MAY 28, 2009

submitted a grant application requesting $225 million to the US Department of Energy under the Electric Drive Vehicle Battery and Component Manufacturing Initiative. Valence submitted its application requesting the federal grant funds over a three-year period and plans to fund the remaining $359.4 Valence Technology, Inc.

Federal Grant 150

Federal Grant Battery Batteries Production 150

Green Car Congress

FEBRUARY 15, 2013

The review also found that work performed under the grant to LG Chem Michigan had not been managed effectively. Only about 60% of the production capacity set forth in the grant agreement was constructed even though nearly $142 of $151 million (94%) of DOE’s share of project funds had been spent.

Li-ion 225

Li-ion Michigan Grant Battery 225

Plugs and Cars

JULY 13, 2011

I am pleased to participate in the EV Project, which came late to the San Francisco Bay Area, and happy to get my tax-payer funded charger and DC Fast port. Something Ecotality couldn’t do even with $100 million in federal grant money. Quite likely not beyond the current programs. They’ve kept my LEAF juiced, after all.

Volt 113

Volt Plug-in San Francisco Plug 113

Green Cars News

APRIL 16, 2009

Investment in advanced battery companies continues in the USA where the Michigan Economic Growth Authority (MEGA) has awarded $543.5million in tax credits to four companies with plans to invest more than $1.7billion in lithium-ion manufacturing facilities across the state.

Tax Credit 36

Tax Credit Companies Lithium Ion Battery 36