Which begs the question: Why not Spring Hill?
Posted on October 26, 2009 at 11:31 pm
Hybrid electric-car maker Henrik Fisker plans to convert a 52-year-old former GM plant in Delaware with the help of a massive credit line from the Department of Energy. (For more on Fisker, check out this Forbes story.)
I already have two possible answers to my question, one practical, the other political. The first: The Wilmington plant already has closed, while Spring Hill will crank out cars for a few more weeks. The second: This gentleman is from Delaware.
Got any other good answers?
Report: Smyrna to build electric Nissans
Posted on June 20, 2009 at 12:05 pm
A Japanese paper says Nissan plans to invest at least $500 million into electric-car production lines at its Smyrna plant. The company, which is on track to begin building electric cars in Japan in the fall of 2010, early this year applied for a Department of Energy loan to help it make more energy-efficient cars.
AAA: Summer sticker shock unlikely
Posted on April 12, 2009 at 10:35 pmFrom the AAA comes a nugget of good news for drivers:
The latest report on the petroleum industry from the U.S. Dept. of Energy tells consumers that the seasonal hike in springtime gasoline prices may be muted this year.
According to the Dept. of Energy’s weekly report, falling petroleum consumption, high gasoline import availability, and increasing use of ethanol in gasoline have reduced demand for U.S. refinery output and may keep fuel prices in check.
Even with major refinery outages and refiners making further discretionary reductions in operating rates, U.S. gasoline inventories have grown and ended March above typical levels for this time of year. As a result, outages are not expected to have a major impact on product prices. While we may experience some increase in gasoline and diesel prices this spring and summer, those price changes will mainly be dependent on crude prices, according to the Dept. of Energy’s weekly report.
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Millions in stimulus dollars for local energy projects
Posted on March 30, 2009 at 7:00 pm
Middle Tennessee’s cities and counties are getting more than $10 million in block grants from the Department of Energy to invest in efficiency and transportation programs.
“These investments will save taxpayer dollars and create jobs in communities around the country,” said Vice President Biden. “Local leaders will have the flexibility in how they put these resources to work – but we will hold them accountable for making the investments quickly and wisely to spur the local economy and cut energy use.”
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Nissan wants piece of Energy Department pie
Posted on February 9, 2009 at 7:47 amThe car maker has applied for a low-cost loan to build more energy-efficient cars. The cash would likely go to retrofit Nissan’s Smyrna plant, but not everyone thinks the company should even be eligible.
“A great deal of this money will be misappropriated to recipients that do not deserve it,” said Alan Tonelson, a research fellow at the U.S. Business & Industry Council, a Washington-based trade group. “The Nissan application and its possibility of receiving these funds points to weaknesses in the way this legislation was written.”
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