ECOtality’s latest report to shareholders shows a net loss of more than $29.5 million for 2009, up from $8.1 million in 2008 (a change attributed largely to the expense of pursuing stimulus funds), and reveals a company backing away from hydrogen ambitions. Read More »
Cleantech
Five of Japan’s heavyweights in the auto and power industries — Toyota, Nissan, Mitsubishi Motors, Fuji Heavy Industries and Tokyo Electric Power Co. (TEPCO), the country’s largest utility — have joined forces to try and speed the adoption of a standard quick-charging system for electric vehicles. Each… Read More »
ECOtality’s executives better start practicing their Mandarin — China is fast becoming a major focus for the company. The Scottsdale, Ariz.-based charging infrastructure company, which says it was mentioned in Obama’s State of the Union address, announced Monday that its Chinese partner, Shenzhen Goch… Read More »
