Thursday, August 6, 2009

Obama Announces $2.4 Billion in Grants for Batteries and Electric Cars

"48 Different Projects Will Share the Loot
President Obama was in Indiana today to announce how $2.4 billion dollars from the Recovery Act will be divided up between 48 different battery and electric vehicle projects. "With these investments, we're planting the seeds of progress for our country and good-paying, private-sector jobs for the American people," he said. Most of the grant winners are familiar names, with Detroit firms getting a substantial share. But who's the biggest winner?"

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