State of Indiana Is Key Focus of Federal Electric Automobile Funding

Tuesday, October 6, 2009 by Matt Waldo
A study appearing in the latest issue of Site Selection magazine shows that Indiana advanced manufacturing companies have received the second-highest amount of funding from the U.S. Department of Energy for battery and electric drive manufacturing. The companies are:
  • Allison Transmission
  • Delphi
  • EnerDel
  • Magna E-Car
  • Remy
Coincidence? Not likely. General Motors developed the first battery-powered auto (EV-1) in Central Indiana decades ago. Couple historic and current innovation with more than 150,000 central Indiana advanced manufacturing workers (15% of total employment) and two of the best engineering schools in the U.S. nearby (Purdue and Rose-Hulman Institute of Technology), and you get a recipe for success in what appears to be the start of the next industrial revolution -- green technologies.   

Other alternative energy companies of note in central Indiana include Cummins, AltairNano, Bright Automotive, Brevini, Horizon, AlgaeWheel, and the list goes on. 

Read our report on the renewable energy assets in Central Indiana by clicking here.

You can see the map of federal projects from Site Selection here.

It's also worth noting that the Indianapolis Region is internationally known for the Indianapolis Motor Speedway and its Indianapolis 500 Mile Race. Indiana motorsports businesses employ more than 8,000 people at more than 400 companies in Central Indiana.

DOWNLOAD CLEAN-TECH ENERGY PRESENTATION  |  SITE SELECTION MAP

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