Tag Archives: advanced batteries

Government Set To Award Advanced Battery Stimulus Funds: Watch Ener1 (HEV)

Tomorrow morning the government will announce the recipients of $2 billion in stimulus funds for advanced battery research and development.  Privately held A123 Systems is expected to receive a portion of the funds and publicly traded Ener1 (HEV) may receive funds as well which could give a boost to the stock tomorrow.  VP Joe Biden is expected to announce the winners in an event in Detroit while Energy Secretary Steven Chu is expected to … Read the rest