Climateer Investing: Batteries: Who Got the Loot?

Monday, August 10, 2009

Batteries: Who Got the Loot?

The folks at AltEnergyStocks put together a couple nice tables:

During his address today at Navistar International's (NAV) facilities in Elkhart, Indiana, President Obama announced a total of $2 billion in ARRA battery manufacturing grants and another $400 million in Recovery Act awards for transportation electrification. The complete list of grant recipients, most of whom are private companies, is available here. The recipients of $1.25 billion in the primary class of grants for cell and battery manufacturing facilities are as follows:

Johnson Controls
JCI
$299.2
Production of nickel-cobalt-metal battery cells and packs, as well as production of battery separators (by partner Entek) for hybrid and electric vehicles.

A123 Systems
IPO pending
$249.1
Manufacturing of nano-iron phosphate cathode powder and electrode coatings; fabrication of battery cells and modules; and assembly of complete battery pack systems for hybrid and electric vehicles.

Dow Kokam
DOW
$161.0
Production of manganese oxide cathode / graphite lithium-ion batteries for hybrid and electric vehicles.

Compact Power
Private (Sub. of LG Chem)
$151.4
Production of lithium-ion polymer battery cells for the GM Volt using a manganese-based cathode material and a proprietary separator.

EnerDel
HEV
$118.5
Production of lithium-ion cells and packs for hybrid and electric vehicles. Primary lithium chemistries include: manganese spinel cathode and lithium titanate anode for high power applications, as well as manganese spinel cathode and amorphous carbon for high energy applications.

General Motors ???
$105.9
Production of high-volume battery packs for the GM Volt. Cells will be from LG Chem, Ltd. and other cell providers to be named.

Saft America
SGPEF.PK
$95.5
Production of lithium-ion cells, modules, and battery packs for industrial and agricultural vehicles and defense application markets. Primary lithium chemistries include nickel-cobalt-metal and iron phosphate.

Exide Technologies with Axion Power
XIDE
AXPW.OB
$34.3
Production of advanced lead-acid batteries, using lead-carbon electrodes for micro and mild hybrid applications.

East Penn Manufacturing
Private
$32.5
Production of the UltraBattery (lead-acid battery with a carbon supercapacitor combination) for micro and mild hybrid applications.

Additional awards to other publicly traded companies include...MORE

Johnson Controls	JCI	$299.2	Production of nickel-cobalt-metal battery cells and packs, as well as production of battery separators (by partner Entek) for hybrid and electric vehicles.
A123 Systems	IPO pending	$249.1	Manufacturing of nano-iron phosphate cathode powder and electrode coatings; fabrication of battery cells and modules; and assembly of complete battery pack systems for hybrid and electric vehicles.
Dow Kokam	DOW	$161.0	Production of manganese oxide cathode / graphite lithium-ion batteries for hybrid and electric vehicles.
Compact Power	Private (Sub. of LG Chem)	$151.4	Production of lithium-ion polymer battery cells for the GM Volt using a manganese-based cathode material and a proprietary separator.
EnerDel	HEV	$118.5	Production of lithium-ion cells and packs for hybrid and electric vehicles. Primary lithium chemistries include: manganese spinel cathode and lithium titanate anode for high power applications, as well as manganese spinel cathode and amorphous carbon for high energy applications.
General Motors	???	$105.9	Production of high-volume battery packs for the GM Volt. Cells will be from LG Chem, Ltd. and other cell providers to be named.
Saft America	SGPEF.PK	$95.5	Production of lithium-ion cells, modules, and battery packs for industrial and agricultural vehicles and defense application markets. Primary lithium chemistries include nickel-cobalt-metal and iron phosphate.
Exide Technologies with Axion Power	XIDE AXPW.OB	$34.3	Production of advanced lead-acid batteries, using lead-carbon electrodes for micro and mild hybrid applications.
East Penn Manufacturing	Private	$32.5	Production of the UltraBattery (lead-acid battery with a carbon supercapacitor combination) for micro and mild hybrid applications.