Poll: Next big "green" powertrain
What will be the next big "green" powertrain in the U.S.?
Bright Automotive Wants Stimulus Too
Bright Automotive has applied for $35 million in government grants for producing its IDEA PHEV, as well as a battery pack manufacturing facility.
Bright applied for two grants from the American Reinvestment and Recovery Act to accelerate the production of its 100+MPG PHEV - the IDEA, and deliver highly advanced battery solutions to the industry through its engineering services arm.Bright Automotive has applied for approximately $18 million through the Electric Drive Vehicle Battery and Component Manufacturing Initiative to create a technical center for the design, development and validation of advanced batteries for the Bright Automotive IDEA PHEV, and establish a state-of-the-art battery pack manufacturing facility capable of producing up to 75,000 battery packs annually.
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In addition to these grants, Bright Automotive has applied for $450 million in government loans under the Energy Independence and Security Act of 2007 Advanced Technology Vehicles Manufacturing Loan Program.
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