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0Report: A123 sale to Wanxiang Group approved by US government 1359572460
Wanxiang Group's acquisition of lithium-ion battery maker A123 Systems has been approved by the US government, according to a statement from the Chinese auto parts maker. Wanxiang's US unit had agreed to pay $257 million for A123's automotive battery business and related assets in a bankruptcy ...
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XP Technology sues DOE over advanced vehicle loan rejection 1354316220
The US Department of Energy has been sued in US court by a company that it denied a loan to in its Advanced Technology Vehicles Manufacturing program. San Francisco-based XP Technology is charging the DOE with "corruption and negligence" for the way it handled the approval for loan process. XP ...
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DOE to award up to $74 million in hydrogen fuel cell development grants 1293138060
Yesterday, the U.S. Department of Energy (DOE) announced that it's accepting applications for up to $74 million in grants for, "the research and development of clean, reliable fuel cells for stationary and transportation applications." A significant portion of the money – $65 million to be ... -
DOE to award $184 million in advanced vehicle development grants 1293055260
The U.S. Department of Energy is looking to dish out $184 million in grants over the next three to five years for advanced vehicle research and development projects. The grants will be made available to automotive companies, research laboratories, and universities. Funding will be awarded to ...
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