Filed in archive
Automobiles
by Greg Cruey on May 27, 2009
VentureBeat pointed out last week that $2 billion worth of federal grants were being awarded to battery makers in the near future. Grants will run between $100 million and $150 million. The deadline to apply for a Grant was yesterday.
From the article:
© thelastminute
From the article:
Candidates for the money are required to prove they already have the funds to cover half of their project costs. Winners will be announced in July and receive their allotments in September. There are other guidelines, too. For example, $275 million will go to component and material makers, and $350 million will go to companies that make electric drive equipment. But the majority of the money - $1.2 billion at least - is already set aside for companies looking to build battery manufacturing facilities, with emphasis on lithium-ion and other advanced batteries for cars.The DOE expecting recipients to eventually turn out between 20,000 and 100,000 batteries for plug-in hybrid and low-emission vehicles every year, according to VentureBeat.
© thelastminute
Permalink: Batteries Get Stimulus Grants
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/152244
Addthis
Ask
Blinklist
del.icio.us
Digg
Fark
Facebook
Google
Lycos
Ma.gnolia
Mr Wong
Netscape
Netvousz
Newsvine
Reddit
StumbleUpon
Slashdot
Tailrank
Technorati
Wink
Yahoo
Vote for Batteries Get Stimulus Grants:
|
Rating: 8.00 out of 4 vote(s) cast.
|
Subscribe
Use the search to look for other interesting posts
| RSS |  See all blog subscribe options |
 What is RSS? | |
| Yahoo! |
|
| Addthis |
|
| Bloglines |
|
| Newsletter | |
| Follow us on Twitter! |
