According to local reports, Bright Automotive, which was a spinoff from the not-for-profit think tank Rocky Mountain Institute, and which had been developing a plug-in hybrid car called the IDEA for commercial fleets, plans to close shop. Read More »
Cleantech
Electric car company Coda Automotive is raising more funds as it moves closer to shipping its first electric sedans. According to a filing, the company is looking to raise another $150 million, and has closed $21.5 million of that round. Read More »
Despite Coda just going into production of its inaugural electric sedan, the startup will announce on Friday it’s launching a division that plans to sell its batteries and battery management system to act as energy storage for the power grid. Read More »
Electric vehicle startup Coda Automotive has cut the price tag on its inaugural electric sedan by $5,000 and boosted the warranty on its battery by two years. Read More »
Venture capital investing in cleantech companies was up slightly in the third quarter of 2011, but still continues to focus on large follow-on rounds as investors’ more capital-intensive companies are maturing and need more capital to scale up, and in some cases, reach a commercial stage. … Read More »
One of the big hurdles in engineering electric cars is to figure out how to effectively monitor and control the battery systems. For Coda, that means buying EnergyCS to beef up its battery management system development and expand into the grid energy storage market. Read More »
Electric car startup Coda Automotive pushed back the launch of their inaugural electric sedan to later this year. Check out my video interview with Coda Automotive VP Chris Paulson on Coda’s upcoming launch of its inaugural electric sedan. Read More »
Electric car startup Coda Automotive has found its new CEO. GM veteran Phil Murtaugh, who launched GM’s Shanghai-based business, is taking over as permanent CEO for interim CEO Steven Heller. Coda’s previous CEO Kevin Czinger stepped down from the company late last year. Read More »
Sounds like there’s trouble brewing at CODA Automotive, the venture-backed startup which hopes to be one of the first to sell an all-electric sedan to mainstream consumers. Late Friday CODA announced that CEO Kevin Czinger will step down. Read More »
This morning another China electric vehicle partnership has emerged: called the New Energy Sustainable Transportation International Alliance, the group includes auto parts maker Eaton, IBM, development firm AECOM, automaker Beiqi Foton Motor Co., lithium ion battery maker MGL and electric motor producer Broad Ocean. Read More »
Startup Coda plans to start delivering its first all-electric sedan, which has a more reliable, longer range than the Nissan LEAF, to customers in December. The company is also in the process of raising another $125 million and has passed a crucial phase of its DOE … Read More »
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