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GE WattStation  (Source: GE)

Ford announced that Compact Power would be producing the batteries for its electric Ford Focus.  (Source: Ford via Autoblog)

Obama was visiting Michigan today, promoting his plans to develop $10,000 EVs by 2015.  (Source: Detroit News)
President and his staff hit the road to promote the over $2.4B USD in federal money they're offering auto companies

U.S. President Barack Obama certainly isn't setting modest goals when it comes to electric vehicles.  The President is taking a gamble, pouring over $2.4B USD into the budding industry.  A 100-mile range battery EV today costs around $33,000 USD to make, but Obama hopes to drop that cost to $16,000 by 2013 and $10,000 by 2015.

President Obama was visiting Michigan this week to check in on many pending battery projects that are receiving a piece of that $2.4B USD pie.

Among the events he attended was the groundbreaking ceremony in Holland, Michigan of a Compact Power Inc. plant that will be used to provide batteries for the Chevy Volt.  Compact Power, owned by South Korea's LG, announced news more big news at the ceremony -- Ford picked it to produce batteries for the plug-in Ford Focus.  

The plant will cost $303M USD to build, but the government will be chipping in $151M USD.  The plant is expected to employ 450 workers by 2013 according to the Obama administration.  The jobs are expected to pay $14, providing a decent standard of living to workers.

Obama also checked out Johnson Controls-Saft's new $220M lithium-ion battery plant, also in Holland, Michigan.  That plant may prove to be a key competitor to Compact Power in the near future, and is also receiving federal stimulus funding.

On Friday, Energy Secretary Steven Chu will visit Delphi Automotive in Kokomo, Indiana.  Delphi is one of the auto industry's top suppliers.  The U.S. government is offering it $89M USD in grants to develop new components for electric vehicles.

Meanwhile, Ed Montgomery, executive director of the White House Council on Automotive Communities and Workers, will be visiting General Motor's new plant in in White Marsh, Maryland.  While GM will buy battery cells from suppliers like Compact Power, it will assemble its own battery packs and supporting systems in house at this new plant.  GM is receiving $241M USD in federal funding for its EV efforts in total, including $106M USD towards this new plant.

Charlotte, North Carolina-based Celgard will be receiving a visit from Labor Secretary Hilda Solis.  Celgard will receive $49M USD in stimulus money, which will allow it hire 100 employees, open a plant, and reach production.

While grants to promote the actual manufacturing of electric vehicles and their battery systems are one key aspect of Obama's efforts, another major component is the creation of electrical vehicle charging stations.  By spreading EV chargers out like gas stations, the range of EVs can effectively be extended.

Companies like Coulomb Technologies will be deploying the stations across the country later this year and next year.  New York-based Coulomb is receiving a $15M USD stimulus grant to spread 4,600 such stations in nine cities by September 2011.  That's a big chunk of the 20,000 station Obama hopes to deploy by 2012 (there are currently 500 such stations in the U.S.).

The goals are lofty -- Obama is shooting for over 20,000 electric vehicle stations, 1 million EVs on the road, and bargain EV prices of $10,000 per vehicle by 2015.  In short, he's trying to completely reinvent the American auto industry, much of which essentially collapsed during the recent recession.  



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RE: that's some loafty goal
By LordSojar on 7/15/2010 1:51:30 AM , Rating: 2
quote:
I do thank him, though, for shaking the American public back to their senses. Looking forward to an amazing November election cycle.


You know what I'm looking forward to? In 30 years, when we still haven't moved off oil, and it runs dry. Watch, as societies collapse, governments fall, and chaos envelops us. Oil makes the world go round, and when the tit runs dry, so does the order it brings.

Absolute power corrupts absolutely. See where being a Democrat or Republican or Libertarian gets you then; you'll just be another povertized fool. Human beings are foolish creatures indeed... more concerned with a penny today than the progress of society as a whole.

You can tag me as a person with my head in the clouds, a flaming liberal, it's all irrelevant tripe. Politicians in the US are all backwards, inbred fools who wouldn't know progress if it was a train hitting them. Politicians are pawns for lobbyists in this country, who control everything. You are money, another plus on the balance sheet. Unfortunately, when the wells run dry, so too shall your pathetic existence, the same as the rest of us.

I recently took a trip up to northern Indiana, and saw a huge wind farm. It was actually beautiful... not just on the material level, but to see some parts of society progressing beyond technology principles that are 200 years old. Wind isn't the final answer, that role falls to fusion. However, it's a start; a good, clean start.

quote:
Really? At all costs?


What cost do you put on life? I don't put a price tag on the human spirit; the spirit of innovation. We are a wonderful race when we get our minds out of that shallow gutter that is greed. Learn to care for humanity as a whole, and where we are going, not where we are. I don't pretend to have all the answers, but I do know this; only through technological progress can we ever hope to see our society achieve greatness.


"I modded down, down, down, and the flames went higher." -- Sven Olsen














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