White House Announces Winners of $2.4 Billion Battery-Grant Sweepstakes
“If we want to reduce our dependence on oil, put Americans back to work and reassert our manufacturing sector as one of the greatest in the world, we must produce the advanced, efficient vehicles of the future.” – President Obama
“For our nation and our economy to recover, we must have a vision for what can be built here in the future – and then we need to invest in that vision.” – Vice President Biden
President Barack Obama and Vice President Joe Biden yesterday made the long awaited announcement of the 48 new advanced battery and electric drive projects that will receive $2.4 billion in funding under the American Recovery and Reinvestment Act.
As expected with any decision involving politicians and billions of dollars, opinions on how the money was distributed are varied. What is certain, however, is that high hopes are being placed on the research and development of advanced battery systems to not only reinvigorate the struggling auto industry, but to also rebuild the U.S. economy for the years to come.
Here are some of the big winners from yesterday’s announcement, the dollar amounts awarded(in millions), and the general purpose for the grant money:
-Johnson Controls
$299.2
Production of nickel-cobalt-metal battery cells and packs, as well as production of battery separators (by partner Entek) for hybrid and electric vehicles.
-A123 Systems
$249.1
Manufacturing of nano-iron phosphate cathode powder and electrode coatings; fabrication of battery cells and modules; and assembly of complete battery pack systems for hybrid and electric vehicles.
-DowKokam
$161.0
Production of manganese oxide cathode / graphite lithium-ion batteries for hybrid and electric vehicles.
-Compact Power
(Sub. of LG Chem)
$151.4
Production of lithium-ion polymer battery cells for the GM Volt using a manganese-based cathode material and a proprietary separator.
-EnerDel
$118.5
Production of lithium-ion cells and packs for hybrid and electric vehicles. Primary lithium chemistries include: manganese spinel cathode and lithium titanate anode for high power applications, as well as manganese spinel cathode and amorphous carbon for high energy applications.
-General Motors
$105.9
Production of high-volume battery packs for the GM Volt. Cells will be from LG Chem, Ltd. and other cell providers to be named.
-Saft America
$95.5
Production of lithium-ion cells, modules, and battery packs for industrial and agricultural vehicles and defense application markets. Primary lithium chemistries include nickel-cobalt-metal and iron phosphate.
-Exide Technologies with Axion Power
$34.3
Production of advanced lead-acid batteries, using lead-carbon electrodes for micro and mild hybrid applications.
-East Penn Manufacturing
$32.5
Production of the UltraBattery (lead-acid battery with a carbon supercapacitor combination) for micro and mild hybrid applications.
Image Credit: Engadget
Category: Battery News
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