Select Page

In case you’ve been on summer vacation in Aust here are some of the companies that received grants from the U.S. Department of Energy on August 5 in the first round of the $2.4 billion Electric Drive Battery and Component Manufacturing Initiative. (See my 12:30 post today for why this is all important and for how to invest in auto batteries yourself.)

  • Johnson Controls: $299.2 million
  • A123Systems: $249.1 million
  • General Motors: $240 million
  • Compact Power, on behalf of LG Chem: $151.4 million
  • EnerDel: $118.5 million
  • Ford Motor: $100 million
  • Saft America: $95.5 million
  • Delphi Automotive Systems: $89.3 million
  • Chrysler: $73 million
  • Polypore subsidiary Celgard: $49.2 million
  • UQM Technologies: $45.1 million
  • Magna E-Car Systems of America: $40 million
  • Exide Technologies with Axion Power International: $34.3 million
  • Smith Electric: $10 million