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President Obama Awards $2.3B for Tax Credits for New Clean-Tech Manufacturing Jobs; GE Gets Largest Battery-related Award

Green Car Congress

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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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

Think has also established partnerships in the U.S. Think Global was formerly known as Think City, a prior Ford Motor Company ( F ) acquisition and part of a now-defunct Think division at Ford. The Think City was short-lived in the States with production halting in 2002 after just 1005 cars had been assembled.