Supercharging The Vehicle Battery Space

Law360, New York (October 15, 2010, 3:32 PM EDT) -- This summer, the U.S. Department of Energy released a new report highlighting the benefits of the American Recovery and Reinvestment Act of 2009 for the advanced battery and electrical vehicle industries.

The report, “Recovery Act Investments: Transforming America’s Transportation Sector,” states that the Department of Energy has spent more than $5 billion in grants and loans on electrifying the transportation sector. The intervention of the U.S. government in the advanced vehicle battery space represents a significant catalyst for the industry and has the potential to reshuffle...
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