sentences:  In January 2010, SVE has been taken over by Dow Kokam (USA Dow Chemical and US-Korean Townsend Kokam).In 2009 Dow Kokam received a $161 Million U.S. Department of Energy Grant for Next-Generation Battery Production for the hybrid and electric vehicle markets.The Michigan-based facility - Townsend Kokam Advanced Battery -is expected to produce enough batteries to supply 60,000 hybrid or electric vehicles per year.