Jay, I cannot attest to the content of the article, but I did google the "electric drive vehicle battery and component manufacturing initiatives" and came up with a e-center.doe.gov site that required an email and password to access the topic, so without Ira Reschman's reply i would say there realy is an initiative to invest into the electrification of transportation. Jay C. Cannon
On Thu, Mar 26, 2009 at 4:52 PM, Jeremiah Johnson <[email protected]> wrote: > 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 > _______________________________________________ Florida EAA mailing list [email protected] http://www.floridaeaa.org
