President Obama Awards $2.3B for Tax Credits for New Clean-Tech Manufacturing Jobs; GE Gets Largest Battery-related Award
Green Car Congress
JANUARY 9, 2010
GE has already invested more than $150 million in developing battery technologies, and the tax credit will supplement GE’s investments in the new product line that will serve the rail, marine, mining, telecommunications and utility sectors. The resulting product will aid domestic battery manufacturing for electric vehicles.
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