Obama And The DOE Award $2.4 Billion In Battery Grants
Yesterday, President Obama announced $2.4 billion in technology grants to car companies, battery makers, universities, and research facilities across the U.S. During his speech in Elkhart, Indiana, the president stressed the importance of battery development as a way of reviving America's manufacturing sector and reducing the country's dependence on foreign oil. Vice President Joe Biden and several members of the president's cabinet also unveiled grant awards at various sites around the country.
These announcements have been some time in coming. The grant funds were included in the $787 billion stimulus package created by the federal...
Yesterday, President Obama announced $2.4 billion in technology grants to car companies, battery makers, universities, and research facilities across the U.S. During his speech in Elkhart, Indiana, the president stressed the importance of battery development as a way of reviving America's manufacturing sector and reducing the country's dependence on foreign oil. Vice President Joe Biden and several members of the president's cabinet also unveiled grant awards at various sites around the country. These announcements have been some time in coming. The grant funds were included in the $787 billion stimulus package created by the federal... Read More
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