At the closed and then re-openend Monaco Recreational Vehicle plant in Indiana today, President Obama will announce exactly how $2.4 billion in Recovery Act grant money will be spent on advanced battery technologies and on infrastructure for more electric vehicles. This is a bit more than the $2 billion originally set aside in February to fund advanced batteries in the Recovery Act. All told, 48 battery technology and electric vehicle projects will get some money. The big winners and familiar na
Vice President Joe Biden will be delivering a speech on the economic recovery efforts that have been implemented thus far at the NextEnergy Center in Detroit on Wednesday. The Detroit News is reporting that Biden will be using the occasion to announce the first round of battery research grants from a $2 billion program that was part of the stimulus package passed earlier this year.