A123 will be 1.84 billion U.S. dollars of loans from the DOE for the manufacture of batteries

A123 Systems announced today it has $ 1.84 billion in loans for the Department of Energy to pay 2.3 million U.S. dollars to the construction of batteries in the U.S.. What should be good news for Michigan, the first of the A123 is the planning of the facilities. When the A123 receives the funds needed for the production of cells in 2013 to 5 million vehicles support, or half a million batteries for electric vehicles, hybrids. The factories produce, which employ 14,000 people when it is fully operational.

A123, it works with seven auto manufacturers now 19 programs in different vehicles. These include General Motors, the plug-in hybrid Saturn Vue and Chevrolet Volt and Chrysler, with its programs through its Department ENVI electric. A123 is also the best place to deal with the loading of the battery and the exchange in the network. No word on the date on which the decision on the request or the construction can begin.