Dept. of Energy awards over $30 million in battery research grants

A $45 million package of Department of Energy grants supporting advanced vehicle technologies included $22.5 million for advanced battery research, and another $8 million for power electronics research. The grants aim to cut battery size and weight in half, allow semiconductors to operate more efficiently and at higher temperature, give greater durability, reliability, and lower…

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Bright Automotive goes dark citing onerous Dept of Energy loan terms

Bright Automotive, would-be manufacturer of a plug-in hybrid delivery van, shut down today while CEO Reuben Munger and COO Mike Donoughe delivered a blistering letter to Energy Secretary Stephen Chu calling the Advanced Technology Vehicles Manufacturing program a debacle. Indiana based Bright Automotive, a start-up company which hoped to sell hybrid-electric delivery trucks, has closed its…

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