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Washington, D.C. –U.S. Transportation Deputy Secretary John D. Porcari announced that East Penn Manufacturing Company, Inc. will receive a $32.5 million grant from the Department of Energy under the American Recovery and Reinvestment Act (ARRA). The grant is part of a $2.4 billion effort to help U.S.-based manufacturers make and test thousands of plug-in hybrid and electric vehicles along with the batteries, chargers and other components needed to operate them.

East Penn Manufacturing will use the funds to expand its production capacities to manufacture high volumes of next-generation lead-acid batteries. These batteries will serve as critical components of Hybrid Electric Vehicles meeting customer commitments for over 4.2 million batteries between 2009 and 2012.

“These batteries will support cleaner, more efficient cars that will increase fuel economy to meet Corporate Average Fuel Economy (CAFE) standards, reduce local air pollution and greenhouse gases, and achieve greater energy security,” says Porcari.

The announcement marks the single largest investment in advanced battery technology for hybrid and electric-drive vehicles ever made. This $2.4 billion investment, coupled with another $2.4 billion in cost share from the award winners, will create tens of thousands of manufacturing jobs in the battery and auto industries in the U.S.

Read the full story at dot.gov.

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