Join Date: Jul 2004
Location: Port Orchard, WA
Bikes: Trinity, Paradisus, Centurion, Mongoose, Trek
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A123 is getting a $1.8billion loan to build a new LiFePO4 plant in Michigan. Specifically it will employ up to 14,000 workers, and is being engineered to make batteries for up to 5,000,000 cars a year.
General Motors is supporting their efforts, because they will need the batteries for the new Chevy Volt. The loan is already being processed, and construction is to begin within a few months, from what I read.
--"Will you have some tea... at the theatre with me?"