Battery grant winners: a selective list

09/08/2009 12:01 pm EST

Focus: STOCKS

Jim Jubak

Founder and Editor, JubakPicks.com

In case you've been on summer vacation in Aust here are some of the companies that received grants from the U.S. Department of Energy on August 5 in the first round of the $2.4 billion Electric Drive Battery and Component Manufacturing Initiative. (See my 12:30 post today for why this is all important and for how to invest in auto batteries yourself.)
  • Johnson Controls: $299.2 million

  • A123Systems: $249.1 million

  • General Motors: $240 million

  • Compact Power, on behalf of LG Chem: $151.4 million

  • EnerDel: $118.5 million

  • Ford Motor: $100 million

  • Saft America: $95.5 million

  • Delphi Automotive Systems: $89.3 million

  • Chrysler: $73 million

  • Polypore subsidiary Celgard: $49.2 million

  • UQM Technologies: $45.1 million

  • Magna E-Car Systems of America: $40 million

  • Exide Technologies with Axion Power International: $34.3 million

  • Smith Electric: $10 million
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