The Department of Energy on Wednesday announced which U.S. companies have been awarded grants to build manufacturing plants for electric vehicle batteries.
The $2.4 billion program, established as part of the stimulus plan, sets aside funds for auto battery manufacturing and related components, such as electric motors. (Click here for a PDF to see the full list and for a map of the awards).
President Obama, appearing in Elkhart, Ind., and Vice President Joe Biden, in Detroit, were scheduled to announce the recipients and specific amounts. Energy Secretary Steven Chu is scheduled to speak Wednesday in Charlotte, N.… Read more