Where did this article come from? On Wed, Mar 25, 2009 at 1:00 PM, Ira Reschman <[email protected]> wrote:
> Thought you might like to read this. It has vast opportunities for what the > White House says is "Transportation Electrification" and "Electric Drive > Vehicle Battery and Component Manufacturing Initiatives" Here's the article: > DOE Offers $2.4 Billion to Support Next-Generation Electric Vehicles > President Barack Obama announced last week that DOE is offering up to $2.4 > billion in American Recovery and Reinvestment Act funds to support > next-generation plug-in hybrid electric vehicles and their advanced battery > components. Of the $2.4 billion, $1.5 billion in grants will go to U.S. > manufacturers to produce high-efficiency batteries and their components; > $500 million in grants will go to U.S. manufacturers to produce other > components needed for electric vehicles, such as electric motors; and $400 > million will go towards projects that demonstrate and evaluate plug-in > hybrids and other electric infrastructure concepts. When these plug-in > hybrid vehicles are offered for sale, U.S. residents who purchase them will > be able to claim a tax credit of up to $7,500. Building a plug-in hybrid > vehicle industry in the United States will create tens of thousands of jobs > and will reduce our nation's dependence on foreign oil. > > DOE will provide assistance to construct or upgrade battery manufacturing, > component, and recycling plants for lithium-ion and other advanced > batteries, as well as for factories producing the power electronics for > electric drive vehicles. These agreements will help lower the cost of > battery packs, batteries, and electric propulsion systems. DOE will also > support demonstration, evaluation, and education projects to help develop > the market for advanced electric drive vehicles. The $2.4 billion in funding > is divided between two Funding Opportunity Announcements. Applications for > Transportation Electrification are due by May 13, and applications for the > Electric Drive Vehicle Battery and Component Manufacturing Initiative are > due by May 19. > > Take care, Ira > _______________________________________________ > Florida EAA mailing list > [email protected] > http://www.floridaeaa.org > _______________________________________________ Florida EAA mailing list [email protected] http://www.floridaeaa.org
