Crippled carmaker Fisker Automotive suffered yet another indignity this month, as the DOE helped itself to $21 million of Fisker’s cash, which will go towards paying down the $192 million that Fisker owes the government.
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Volt battery supplier forced to return $842K in DOE funds
The bad news: a colorful scandal has emerged at another of the companies that received DOE funds to build EV-related components. The good news: this time the feds got wise to the hanky-panky in time, and are forcing the company to make amends. In 2009, Korean battery maker LG Chem received a $150-million federal grant,… Read more »
DOE releases EV Everywhere Grand Challenge Blueprint
The report sets priorities, including numerical objectives, in five key technical areas: batteries, drive systems, vehicle lightweighting, climate control and charging infrastructure.
VIDEO: Fisker’s Posawatz talks about A123, the Atlantic and DOE loans
A former GM exec who’s now filling a very different role as the CEO of a California startup, Mr P has learned that fund-raising is a never-ending process.
DOE seeking public comments on EV Everywhere plan
The goal of EV Everywhere is to enable US companies to be the first in the world to produce Plug-in Electric Vehicles (PEVs) that are affordable and convenient.
PolyPlus scores $9 million DOE grant for its battery technology
The PolyPlus lithium-water battery has achieved the highest energy density ever recorded – 1,300 Wh/kg, far more than the maximum delivered by current lithium-ion batteries.
Fisker treads carefully between DOE watchdog and skeptical senators
The DOE hired a consulting firm to keep tabs on some of the companies that have received loans under the Advanced Technology Vehicle Manufacturing program.
CODA gives up on DOE loan, forms partnership with Chinese automaker
CODA Automotive has signed a contract with Great Wall Motors to co-develop a new EV for the North American, Chinese, and European markets. CODA CEO Phil Murtaugh told the Detroit News that the new car will be “the most affordable EV on the market, comparable to entry-level internal combustion engine vehicles.” He added that the new car… Read more »
DOE offers up to $12 million for development of wireless EV charging
The DOE intends to select up to four projects. Selected teams will have three years to integrate their wireless charging technology into a “light duty GCEDV.”
Odyne Systems delivers five PHEV work trucks thanks to DOE development project
Wisconsin-based Odyne Systems, a specialist in hybrid technology for medium- and heavy-duty trucks, received support from the DOE in 2009 for a project to accelerate the development of PHEV systems. Five vehicles funded by the project have now been completed and delivered to customers by DUECO, Inc, the final-stage truck manufacturer. Three bucket trucks, equipped… Read more »