Subsidy Tracker Individual Entry
With this $10.6 million 48C Tax Credit, Delphi Automotive Systems plans to invest $35.3 million through 2017 in equipment and tooling at its Kokomo Power Electronics facility in Indiana. This facility expansion will further scale up product validation and manufacturing, doubling capacity to more than 500,000 units annually to meet its customers? production volumes. Delphi manufactures power electronics such as inverters, converters, chargers, controllers, integrated energy storage and electrical power management systems. The project is expected to create more than 150 new direct jobs, and will help Delphi remain competitive in the global electrified vehicle market by further reducing its production and engineering unit costs.
Attachment to December 12, 2013 Energy Department press release: http://energy.gov/sites/prod/files/2013/12/f5/48C%20Phase%20II%20Selections%20Project%20Descriptions.pdf
Year is year credit approval was announced.