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Tuesday, January 31, 2012

How the Stimulus Revived the Electric Car · Oregon Public Broadcasting · EarthFix

How the Stimulus Revived the Electric Car · Oregon Public Broadcasting · EarthFix:
"A123 now supplies the luxury electric carmaker Fisker Automotive and the manufacturers of electric delivery trucks used by FedEx and Frito-Lay.

“Quite simply, if we didn’t get that grant, we wouldn’t have built [the factory] in the U.S.,” A123 spokesman Dan Borgasano said.

The battery grants have created and saved more than 1,800 jobs for assembly workers, toolmakers and engineers, according to a ProPublica analysis of stimulus project reports filed by the companies. That number doesn’t include the workers who constructed the plants or those hired by the matching private investment the companies had to make to get the grants."