Monday, June 13, 2011

From the Motley Fool - Stuff you will NOT see in the WSJ.
“The inside scoop
Here's one tidbit that really caught my ear:
Before the 2009 recovery act, the U.S. produced 2% of the world's advanced batteries. We're now aiming for 40% [by 2015].
The Department of Energy is providing loans, grants, and matching funds for advanced battery research and 30 manufacturing plants. 
Ford  (NYSE: F) , General Motors, Johnson Controls, and A123  (Nasdaq: AONE )  are among the most recognizable names taking advantage of the program, which will help automakers meet tougher fuel-efficiency standards. Hey, why should foreign producers likeAdvanced Battery Technologies  (Nasdaq: ABAT )  and China BAK Battery  (Nasdaq: CBAK )  get all the glory?


Ken Jarvis - LVKen7@Gmail.com Author of - The Most POWERFUL Person, in the HISTORY OF THE WORLD. On Facebook - On Twitter

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