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Obama hails production of stimulus-aided batteries (Livonia lithium ion battery plant opens)
AP on Yahoo ^ | 9/13/10 | Ken Thomas - ap

Posted on 09/13/2010 9:36:35 AM PDT by NormsRevenge

WASHINGTON – President Barack Obama celebrated the opening of an advanced battery plant in Michigan on Monday as a critical boost for hybrid and electric cars — and a success for his administration's economic stimulus program.

But even as mass-produced advanced batteries start rolling off assembly lines, costs are high for consumers, and hurdles remain.

"This is about the birth of an entire new industry in America, an industry that's going to be central to the next generation of cars," Obama said Monday in a phone call broadcast at the opening of A123 Systems Inc.'s lithium ion battery plant in Livonia, Mich.

"And it's going to allow us to start exporting those cars, making them comfortable, convenient, and affordable. .... When folks lift up their hoods on the cars of the future, I want them to see engines and batteries that are stamped: 'Made in America,'" Obama said, according to a transcript of the call released by the White House.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Extended News; Government; US: Michigan
KEYWORDS: batteries; livonia; obama; stimulusaided

1 posted on 09/13/2010 9:36:41 AM PDT by NormsRevenge
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He phoned it in this time.. and let the AF1 and Secret Service details get some rest.

U.S. President Barack Obama walks down the stairs to the Grand Foyer at the White House in Washington before speaking to a reception of Historically Black Colleges and Universities representatives September 13, 2010. REUTERS/Larry Downing (UNITED STATES - Tags: POLITICS EDUCATION)


2 posted on 09/13/2010 9:39:13 AM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: NormsRevenge

this obomination threw our money for his green agenda of battery cars... what a loser, what a loser...


3 posted on 09/13/2010 9:39:40 AM PDT by bareford101 (Be loud! We have nothing – NOTHING - to apologize for in fighting for our Country!!)
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To: NormsRevenge

Arrgh. Why not write out a complete, Soviet 5-year plan and pick another set of companies and industries for our Dear Leader’s tax-funded largess?


4 posted on 09/13/2010 9:39:45 AM PDT by 9YearLurker
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To: NormsRevenge

“This is about the birth of an entire new industry in America, an industry that’s going to be central to the next generation of cars,”

This would be great news ... if this recession was happening THEN instead of NOW, you MORON.


5 posted on 09/13/2010 9:40:49 AM PDT by jessduntno (The Victory Mosque will be built over our dead bodies over our dead bodies ...)
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Comment #6 Removed by Moderator

To: NormsRevenge

Capital is looking for good investments.

If this company had a good product or a potential product, it would have been privately funded.


7 posted on 09/13/2010 9:41:10 AM PDT by TheThirdRuffian (Nothing to see here. Move along.)
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To: NormsRevenge

This should get out the Jetsons vote.


8 posted on 09/13/2010 9:42:22 AM PDT by screaminsunshine (counter revolutionary)
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To: NormsRevenge

The cost is about $300,000.00 per job.

Yep, that’s guberment efficiency.


9 posted on 09/13/2010 9:45:58 AM PDT by ChiMark
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To: NormsRevenge

Soon we’ll have $5,000 cars with $15,000 batteries. Kind of like a $30 printer with $50 cartredges, only on a much larger scale.


10 posted on 09/13/2010 9:46:36 AM PDT by wolfman23601
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To: NormsRevenge

Was the stupid fuq eating ice cream?


11 posted on 09/13/2010 9:49:16 AM PDT by Blado (Oilbama's dream: ''Spill Baby, Spill.'' Legal disclaimer- all criticism of white male half only)
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To: ChiMark

sounds like we got a bunch of gubamint junkies all ‘juiced’ up on taxpayer dollars. Paging Dr. Drew..


12 posted on 09/13/2010 9:49:52 AM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: 9YearLurker; NormsRevenge
************************************EXCERPT*************************************

Costs are high. The government has estimated that a battery with a 100-mile range costs about $33,000, although stimulus money could bring that down to $10,000 by the end of 2015.

YIKES!

13 posted on 09/13/2010 9:54:36 AM PDT by Ernest_at_the_Beach ( Support Geert Wilders)
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To: NormsRevenge

So he’s going to use tax dollars to produce these batteries. Then when too many batteries are laying around, he’ll use more tax dollars to create demand for all those batteries.


14 posted on 09/13/2010 9:55:37 AM PDT by shorty_harris
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To: steelyourfaith; Tolerance Sucks Rocks; SunkenCiv; Paul Pierett; neverdem; I got the rope; ...
See #13.

They are going to have to drive up the current fuel costs.....

Watch for their next trick!

15 posted on 09/13/2010 9:56:56 AM PDT by Ernest_at_the_Beach ( Support Geert Wilders)
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To: NormsRevenge

Was this plant built in another ‘Foreign Trade Zone’?

A123Systems, Inc.
Ann Arbor, Michigan

A123Systems, a Watertown, Massachusetts-based designer, developer and manufacturer of advanced rechargeable lithium-ion batteries and battery systems, plans to invest more than $600 million in initial coating, cell manufacturing and pack assembly in Michigan. The planned project is expected to create more than 5,000 new jobs.

A high-tech Michigan state tax credit valued at $25.2 million over 15 years and a battery cell state tax credit valued at $100 million over four years have been approved.

The A123Systems Ann Arbor site is known as the Advanced Research & Government Solutions Group of A123Systems. A123Systems is one of the state’s six Centers of Energy Excellence and has entered into a development and manufacturing agreement with Chrysler LLC to provide battery systems for the company’s ENVI product line.

In August 2009, A123 was awarded a $249 million grant from the U.S. Department of Energy’s (DOE) Electric Drive Vehicle Battery and Component Manufacturing Initiative. Under the terms of this grant, A123 will be required to match the funds over time as they are used.

This grant is an important part of A123’s U.S. manufacturing strategy, which also includes an application for a loan from the Department of Energy’s Advanced Technology Vehicles Manufacturing (ATVM) program. The grant will be used to help implement A123’s strategy for the construction of world-class lithium-ion battery manufacturing facilities in the United States, with the first construction location in Livonia, Michigan. In addition, Detroit Edison and A123 Systems will use $5 million from the U.S. Energy Department to see if electric car batteries can be bundled together to store emergency supplies of power for the electric grid.

“A123 will play a key role in Michigan’s transformation into a high-tech economic powerhouse,” said Michigan Congressman John Dingell.


16 posted on 09/13/2010 9:58:13 AM PDT by griswold3 ('Regulation and law without enforcement is no law at all)
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To: NormsRevenge

Was this plant built in another ‘Foreign Trade Zone’?

A123Systems, Inc.
Ann Arbor, Michigan

A123Systems, a Watertown, Massachusetts-based designer, developer and manufacturer of advanced rechargeable lithium-ion batteries and battery systems, plans to invest more than $600 million in initial coating, cell manufacturing and pack assembly in Michigan. The planned project is expected to create more than 5,000 new jobs.

A high-tech Michigan state tax credit valued at $25.2 million over 15 years and a battery cell state tax credit valued at $100 million over four years have been approved.

The A123Systems Ann Arbor site is known as the Advanced Research & Government Solutions Group of A123Systems. A123Systems is one of the state’s six Centers of Energy Excellence and has entered into a development and manufacturing agreement with Chrysler LLC to provide battery systems for the company’s ENVI product line.

In August 2009, A123 was awarded a $249 million grant from the U.S. Department of Energy’s (DOE) Electric Drive Vehicle Battery and Component Manufacturing Initiative. Under the terms of this grant, A123 will be required to match the funds over time as they are used.

This grant is an important part of A123’s U.S. manufacturing strategy, which also includes an application for a loan from the Department of Energy’s Advanced Technology Vehicles Manufacturing (ATVM) program. The grant will be used to help implement A123’s strategy for the construction of world-class lithium-ion battery manufacturing facilities in the United States, with the first construction location in Livonia, Michigan. In addition, Detroit Edison and A123 Systems will use $5 million from the U.S. Energy Department to see if electric car batteries can be bundled together to store emergency supplies of power for the electric grid.

“A123 will play a key role in Michigan’s transformation into a high-tech economic powerhouse,” said Michigan Congressman John Dingell.


17 posted on 09/13/2010 9:58:16 AM PDT by griswold3 ('Regulation and law without enforcement is no law at all)
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To: NormsRevenge

Isn’t it South Korea that actually owns this plant?


18 posted on 09/13/2010 9:59:12 AM PDT by Psycho_Bunny (Hail To The Fail-In-Chief)
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To: wolfman23601

at 33,000 a whack with no cars being built they are making a bulge in the pipeline. We will never have electric cars, They don’t have them any where else in the world. With gas p[pelines in danger of being shut down and King Coal dead, what would we plug them into if we had them?


19 posted on 09/13/2010 10:01:13 AM PDT by barb-tex (Nov. 2!(Election Day) Dia de los Muertas. ( Day of the Dead), Them or Us. Nov 5, Guy Falkes Day)
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To: NormsRevenge

Anyone know where in Livonia?


20 posted on 09/13/2010 10:02:33 AM PDT by KYGrandma (The sun shines bright on my old Kentucky home......)
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To: NormsRevenge

“This is about the birth of an entire new industry”

Dem politicians are geniuses. First we had Al Gore inventing the internet and now we have Barry declaring that he has invented the battery. The megalomania is off the charts. Tens of thousands have contributed to the development of the electric car, but Barry keeps trying to buy his way into receiving credit for other people’s work.


21 posted on 09/13/2010 10:05:46 AM PDT by purplelobster
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To: NormsRevenge

0bama - wrong again.


22 posted on 09/13/2010 10:06:55 AM PDT by smokingfrog (freerepublic.com - Thanks JimRob! The flags are back! - 8/17/2010.)
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To: KYGrandma

Suburb west-north west of Detroit, 30 to 40 minutes away depending upon traffic. Cops their have a reputation for writing traffic tickets.


23 posted on 09/13/2010 10:08:33 AM PDT by taildragger ((Palin / Mulally 2012 ))
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To: Ernest_at_the_Beach
Costs are high. The government has estimated that a battery with a 100-mile range costs about $33,000, although stimulus money YOUR TAX DOLLARS could bring that down to $10,000 by the end of 2015.
24 posted on 09/13/2010 10:14:00 AM PDT by houeto (Get drinking water from your ditch - http://www.junglebucket.com/)
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To: taildragger

What street? I lived in Westland for eight years.


25 posted on 09/13/2010 10:14:37 AM PDT by KYGrandma (The sun shines bright on my old Kentucky home......)
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To: bareford101
this obomination threw our money for his green agenda of battery cars... what a loser, what a loser...

John McCain campaigned on doing the exact same thing... two corrupt socialist parties, no difference.

McCain proposes $300 million car battery contest

26 posted on 09/13/2010 10:16:37 AM PDT by Alter Kaker (Gravitation is a theory, not a fact. It should be approached with an open mind...)
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To: Alter Kaker

I agree....


27 posted on 09/13/2010 10:19:36 AM PDT by bareford101 (Be loud! We have nothing – NOTHING - to apologize for in fighting for our Country!!)
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To: NormsRevenge

Somewhere in “Atlas Shrugged’ there is a story this fits. I cannot remember where in the 1200 pages, but it is there.


28 posted on 09/13/2010 10:37:58 AM PDT by ridesthemiles
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To: bareford101

Any bets as to how long before this factory goes bust or wants a bailout?


29 posted on 09/13/2010 10:39:36 AM PDT by TribalPrincess2U (demonicRATS= Obama's Mosque, taxes, painful death. Is this what you want?)
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To: Ernest_at_the_Beach

The rope slowly tightens around our necks.


30 posted on 09/13/2010 10:44:42 AM PDT by Marine_Uncle (Honor must be earned....)
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To: NormsRevenge

Stalin and Mao hailed production too.


31 posted on 09/13/2010 10:47:39 AM PDT by keepitreal ( Don't tread on me.)
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To: NormsRevenge
The truth about the phony green jobs...

http://www.washingtontimes.com/news/2010/sep/9/green-jobs-no-longer-golden-in-stimulus/?page=1

32 posted on 09/13/2010 11:16:53 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: NormsRevenge
Apparently, they play Monopoly a little different in Kenya.
33 posted on 09/13/2010 11:57:21 AM PDT by Niteranger68 (I believe in man-made political climate change.)
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To: Ernest_at_the_Beach

What language and color of the bunny?

Paul


34 posted on 09/13/2010 10:19:55 PM PDT by Paul Pierett (Paul Pierett)
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