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Bright Automotive Applies for $35M in Stimulus Package Grants to Accelerate Production of PHEV

Green Car Congress

Bright Automotive, as a partner in the Energy Systems Network (ESN) Project Plug-IN, has also applied for approximately $17 million through the Transportation Electrification Program (FOA DE-FOA-0000028) to develop, deploy, demonstrate, market, and evaluate plug-in hybrid vehicles.

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Li-ion manufacturer Ener1 files pre-packaged Chapter 11 bankruptcy

Green Car Congress

has initiated a pre-packaged Chapter 11 bankruptcy case to implement a restructuring plan agreed on by its primary investors and lenders. million in federal grant funding under the stimulus package. million in federal grant funding under the stimulus package. Li-ion manufacturer Ener1, Inc.

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Germany and Namibia form partnership for green hydrogen

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The Federal Research Ministry will provide up to 40 million euros in funding from the economic stimulus package for cooperation within the framework of this partnership. I am proud that Germany is the first country to officially form a hydrogen partnership with Namibia. It has a lot of vast unused space.

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Sandia Labs Battery Abuse Testing Laboratory undergoing $4.2M renovation to enable testing of larger batteries for EVs and PHEVs

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million overhaul, paid for with federal stimulus funds, includes updating test bays, data acquisition systems and laboratory space, and hiring additional staff members to meet the growing demand for Sandia’s battery safety expertise. —Chris Orendorff, team lead for the Battery Abuse Testing Lab.

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Valence Considering Building Battery Plant in US or Europe

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is considering building a battery plant in the US or Europe and will look into the possibility of funding from the economic stimulus package proposed by President Barack Obama. Valence is also very focused on the developing hybrid and electric vehicle market in Europe. Lithium-ion battery company Valence Technology Inc.

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Study finds global oil demand likely to grow despite pandemic, climate policies

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Forty-four leading energy and transportation experts developed the scenarios, which featured varying speeds of economic recovery, levels of government intervention in energy markets and endurance of mobility trends that started during pandemic lockdowns. In three of the four scenarios, global oil demand continued to grow through 2030.

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BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

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Specifically, applications for the technology, chemical and pharmaceutical, insurance and automotive industries are to be brought to market maturity. In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers.

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