Exciting Times as ATVM Loan and ARRA Battery Grants Announced - trackseekingalpha

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Exciting Times as ATVM Loan and ARRA Battery Grants Announced
Aug 05, 2009 07:57 AM UTC

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Via Long Investment Ideas from Seeking Alpha:

The next few days are going to be a very exciting time in the energy storage and electric vehicle sectors because the Obama Administration is preparing to announce a series of major ATVM Loan and ARRA Battery Manufacturing Grant awards.

President Obama will be in Elkhart, Indiana where he will presumably announce an ATVM loan to Navistar (NAV) and may announce some additional ATVM loans or ARRA battery grants. Vice President Biden will be in Detroit where he is scheduled to announce one or more ARRA battery grants and perhaps some ATVM Loans. Secretary Chu will be in Charlotte, North Carolina where he will presumably announce an ARRA battery grant to the Celgard subsidiary of Polypore International (PPO) and may announce other ARRA battery grants or ATVM loans.

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