Friday’s Electric Car Stocks Trading; ABAT, AONE, (OTC: EVCA), TSLA
Energy Department Awards Will Promote Electric Vehicles in 24 States
Point Roberts WA- September 9, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on electric car stocks following recent news from the DOE that it will ‘ Promote Electric Vehicles in 24 States and Train a Workforce for Advanced Vehicle Development’.
Overall markets are down in this morning’s trading session, passed on to cleantech stocks, but not reflective of the sector, creating a buying opportunity for long term investors.
EV /Green Trading Snapshot
A123 Systems, Inc. (NasdaqGM: AONE) trading at $4.68, down 0.15 (3.11%) 10:21AM EDT
Advanced Battery Technologies, (NasdaqCM: ABAT ) trading at 1.30, down 0.0050 (0.38%) 10:18AM EDT
ENER1, Inc. (NASDAQ: HEV) trading up at 0.3811, up 0.0111 (3.00%) 10:21AM EDT
Ecotality, Inc. (NasdaqCM: ECTY) trading up at 2.32, up 0.01 (0.43%)
EVCARCO (OTCBB: EVCA)) trading at 0.0039., down 0.0004 (9.30%)
Tesla Motors, Inc. (NASDAQ: TSLA) trading at 23.46, down 0.15 (0.64%) 10:25AM EDT
U.S. Energy Secretary Steven Chu announced 16 projects supporting activities in 24 states and the District of Columbia to accelerate the adoption of electric vehicles (EVs) in communities across the nation, and seven additional projects in seven states to help prepare college students for careers designing and building advanced vehicle technologies.
“By developing the next generation of automotive engineers and preparing communities for plug-in electric vehicles, these projects will help reduce our nation’s dependence on oil imports, create jobs, and help America capture the growing global market for advanced vehicles,” said Secretary Chu.
Projects to support community planning for plug-in electric vehicles and charging infrastructure will receive $8.5 million through DOE’s Clean Cities initiative to facilitate local public-private partnerships that will develop EV deployment strategies. The funding recipients range from communities with extensive EV planning experience to those that are eager to begin, but have not previously had the resources to do so. These one-year projects will help communities address their specific needs, which include updating permitting processes, revising codes, training municipal personnel, promoting public awareness, or developing incentives, and each will create a plan that will be publicly available so that other stakeholders can learn best practices.
To view a map of the award locations and read the full list of Clean Cities’ award winners see below .Source: www.energy.gov
Electric Car/ Green Car Company Snapshot
EVCARCO (OTC.BB: EVCA) - Green, Electric Cars and Natural Gas Vehicles
EVCARCO (OTC.BB:EVCA) (evcarco.com) is the first automotive retail group dedicated to deploying a coast-to-coast network of environmentally friendly franchised dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles.
Visit the EVCA profile at Investorideas.com - http://www.investorideas.com/CO/EVCA/
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