Our GigaOM Pro Green IT analyst Adam Lesser reports: Zipcar reported its third quarter after the bell yesterday and finds itself getting hammered this morning, down 5 percent. Sadly, the street is missing the story. Zipcar is finally profitable. Period. Read More »
Cleantech
The team approach is becoming popular in the electric car development space. General Motors and LG Group announced Thursday a plan to co-develop electric vehicles in order to speed up their deployment. Read More »
While it’s good news for Tesla that it will have $234 million to develop its third electric car the Model X, the funding underscores how Tesla will be transitioning into a period where the company will be generating a lot less revenue for several months. Read More »
Electric car company Tesla plans to raise $234 million in a combination of a follow-on offering and a private placement. On Friday morning, Tesla priced the 5.3 million shares it plans to offer for its follow-on offering (announced last week) at $28.76 per share. Read More »
Electric car company Tesla might say publicly that it wants to remain an independent company for growth purposes, but another reason is that auto maker Daimler basically has the right of first refusal when it comes to acquiring the company. Read More »
Silicon Valley electric car pioneer Tesla plans to stop production of its first electric car the Roadster in December 2011, according to a filing. Read More »
Electric car maker Tesla could raise another $214 million in a combination of a follow on public offering and a private placement. The move shows just how much money an electric car maker that is looking to make more mainstream cars needs to scale up. Read More »
Over the course of 2010, a rich ecosystem of services, startups and innovations began to take shape around the idea of sharing cars and bikes. Here’s seven steps taken this year toward shared transportation: Read More »
Tesla is showing off an investor presentation this morning that, while not earth-shattering, has a few tidbits of information, one of which is that a result of the Panasonic’s deal will be a custom-made battery cell that will have improved life cycle, performance, safety and cost. Read More »
Tesla Motors has just picked up a $30 million investment from Japanese electronics giant Panasonic. The two companies announced on Wednesday that Panasonic — a preferred battery cell supplier for Tesla’s electric vehicles — has bought a $30 million stake in the Palo Alto, Calif. car… Read More »
BMW Group is breaking into car sharing with a new pilot project in Munich that will let customers rent any current BMW model by the hour. It fits into much larger trends of innovation around providing mobility as a service — and growing competition for Zipcar. Read More »
While the market for electric vehicles will take years to go mainstream, electric scooters, motorcycles and bikes are being sold at a break-neck pace, in part thanks to China’s booming market. Here’s 10 electric 2-wheelers you can buy. Read More »
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