Here’s some sobering news out of the raucous fourth of July weekend: considering battery prices and $4.50 per gallon gasoline, it’ll take a little under 6 years for a hybrid car to pay off in fuel savings, and 8 years for an electric car. Read More »
Cleantech
Ford is turning to a new tech to reduce the weight of its cars and improve fuel efficiency: tiny bubbles. Ford says it is trialling a technology out of the labs of MIT, now owned by Trexel, called MuCell, which injects micro bubbles into plastic components. Read More »
Bill Gates and Vinod Khosla have just turbo charged diesel engine startup EcoMotors International with a “substantial” amount of second-round financing. EcoMotors announced today that Khosla’s venture capital firm Khosla Ventures and Gates are the “two exclusive investors” in this round. Read More »
Vinod Khosla’s high profile greentech venture firm Khosla Ventures announced this morning that it will sign on former U.K. prime minister Tony Blair as a Senior Advisor. Blair, through his organization Tony Blair Associates, will provide advice and connections for Khosla Venture’s portfolio companies. Read More »
EcoMotors, a 2-year-old developer of highly efficient engine technology backed by Khosla Ventures, has struck an $18 million deal with automotive supplier Zhongding Holding (Group) Co. and engineering services firm Global Optima. Read More »
The Obama administration has just finalized the country’s first ever national regulation to curb greenhouse gas emissions and raise the bar on efficiency for new cars and trucks. The move could pushes automakers to incorporate more green technology into their lineups. Read More »
Quiet Khosla Ventures-backed startup Transonic Combustion is getting attention after revealing the geeky details of its scheme for a more efficient fuel-injection system. It’s only one of a raft of startups focused on fuel efficiency. Read More »
Old Wind Turbines Get Second Life on the Farm: Massachusetts-based Aeronautica Windpower recycles mid-sized wind turbines from aging wind farms by refurbishing them and selling them to farmers – Press Release. Redwood Systems Raises $4M for Building Energy Conservation: The Danville, Calif.-based startup has raised $4… Read More »