USA all the way!
A123 Systems has announced that it has submitted its application to the Department of Energy under the Department of Energy’s Advanced Technology Vehicle Manufacturing Incentive Program. They are looking to qualify for $184 billion in direct loans to support the construction of new “World Class” lithium ion battery manufacturing plant in the US, specifically the first plant to be built in southeast Michigan.
If A123’s application is approved it will allow the company to have full production capability, so it could supply battery systems for up to 5 million hybrids or ½ million plug in electric vehicles.
David Vieau, A123Systems President and Chief Executive Officer, said,” We’re entering an exciting new phase for the automotive industry where we increase the electrification of vehicles, reducing consumption of gasoline through advanced batteries. This new facility would greatly accelerate this change and help ensure that the American economy replaces its dependence on foreign oil with reliance on advanced, homegrown batteries.”
A123 plans are to have combined plants occupy approximately 7 million square feet. They also hope to create 14,000 jobs!
"At GM, we see the development of vehicles powered by electricity as key to the transformation of our industry. And advanced battery technology, is at the heart of this transformation," said Bob Lutz, GM Vice Chairman of Global Product Development. "A123's proposal to manufacture advanced battery cells and packs right here in the United States is a positive development for our industry and the nation."
“Chrysler’s commitment to E-drive industry leadership has led us to a strategic relationship with US-based A123Systems as one of our key suppliers supporting production development of ENVI electric vehicles. Chrysler strongly encourages the efforts of A123Systems to develop and mass produce energy storage systems in the United States” said Lou Rhodes, VP of Advanced Engineering for Chrysler LLC and President of ENVI.
“At Better Place, we truly believe that there is a path forward for the US to lead the world into a 21st sustainable century led by American innovation. Converting our national fleet of cars from fossil fuel dependent to fully electric revives our core industrial power, addresses key national strategic goals, and starts to address the biggest global risk we have – climate change. It represents a historic opportunity for the US to re-engineer its economy and its global reputation. We look forward to leading the transformation to sustainable mobility with partners like A123 as part of our mission to end the world’s addiction to foreign oil,” said Shai Agassi, Founder and CEO of Better Place.
Initial funding of $100,000 grant from the Department of Energy in 2001, A123 was created through the research labs at the Massachusetts Institute of Technology. Some of their clients include AES, BAE Systems, Black and Decker, Cessna, Chrysler LLC, General Motors, Project Better Place, and Th!nk.”
Let’s keep our fingers crossed and hope that the application gets approved because this would be an awesome addition to the US economy.
If A123’s application is approved it will allow the company to have full production capability, so it could supply battery systems for up to 5 million hybrids or ½ million plug in electric vehicles.
David Vieau, A123Systems President and Chief Executive Officer, said,” We’re entering an exciting new phase for the automotive industry where we increase the electrification of vehicles, reducing consumption of gasoline through advanced batteries. This new facility would greatly accelerate this change and help ensure that the American economy replaces its dependence on foreign oil with reliance on advanced, homegrown batteries.”
A123 plans are to have combined plants occupy approximately 7 million square feet. They also hope to create 14,000 jobs!
"At GM, we see the development of vehicles powered by electricity as key to the transformation of our industry. And advanced battery technology, is at the heart of this transformation," said Bob Lutz, GM Vice Chairman of Global Product Development. "A123's proposal to manufacture advanced battery cells and packs right here in the United States is a positive development for our industry and the nation."
“Chrysler’s commitment to E-drive industry leadership has led us to a strategic relationship with US-based A123Systems as one of our key suppliers supporting production development of ENVI electric vehicles. Chrysler strongly encourages the efforts of A123Systems to develop and mass produce energy storage systems in the United States” said Lou Rhodes, VP of Advanced Engineering for Chrysler LLC and President of ENVI.
“At Better Place, we truly believe that there is a path forward for the US to lead the world into a 21st sustainable century led by American innovation. Converting our national fleet of cars from fossil fuel dependent to fully electric revives our core industrial power, addresses key national strategic goals, and starts to address the biggest global risk we have – climate change. It represents a historic opportunity for the US to re-engineer its economy and its global reputation. We look forward to leading the transformation to sustainable mobility with partners like A123 as part of our mission to end the world’s addiction to foreign oil,” said Shai Agassi, Founder and CEO of Better Place.
Initial funding of $100,000 grant from the Department of Energy in 2001, A123 was created through the research labs at the Massachusetts Institute of Technology. Some of their clients include AES, BAE Systems, Black and Decker, Cessna, Chrysler LLC, General Motors, Project Better Place, and Th!nk.”
Let’s keep our fingers crossed and hope that the application gets approved because this would be an awesome addition to the US economy.
posted by Kathy at
2:27 PM
0 Comments:
Post a Comment
<< Home