One thing is sure: The hybrid, tandem-seat 3-wheeler in the works at Oregon-based startup Green Lite Motors is no Prius. Less certain is whether there’s a market for the 4-feet-by-8-feet vehicle, which features “smart standup” technology that Green Lite President and CEO Tim Miller says will … Read More »
Cleantech
Energy baron T. Boone Pickens wants to see delivery trucks and just about any other vehicle that “returns to the ‘barn’ each night” running on natural gas. A relative newcomer to the U.S. market, Electric Vehicles International, has just moved to Stockton, Calif., from … Read More »
Terms Set for Panasonic’s Sanyo Takeover: Panasonic said today it plans to make a tender offer for a majority stake in smaller rival Sanyo after negotiating with regulators for approval of a $4.45 billion deal that would transform Panasonic into a cleantech powerhouse with business in … Read More »
For electric cars at Chrysler, the game won’t kick into high gear until 2011 and beyond. The Detroit automaker, which tapped A123Systems earlier this year to develop battery cells for upcoming electric vehicles, said in a meeting today detailing its five-year business plan that it’s working … Read More »
Fisker Automotive Picks EU Distributor: Plug-in hybrid car startup Fisker Automotive has picked a large distributor to sell its vehicles in Europe and is looking for similar deals in China. The European retailer will be announced tomorrow. — Reuters Ampulse Raises $8M: Ampulse Corp., which is … Read More »
The $10 million in winnings for the Automotive X Prize competition can provide a welcome influx of cash for the DIY garage-based team, startup or even a more established automaker that builds the best 100 MPG car with a minimum 200-mile range, based on a … Read More »
Automakers based in China are investing heavily in electric vehicle technology these days, but some car companies see a troublesome hole in the set of policies China has put together to spur adoption of plug-in cars: direct consumer incentives, such as subsidies or rebates for … Read More »
Well, that didn’t last long. Less than a year after Ford Motor and Smith Electric Vehicles announced plans to collaborate on an electric version of the Detroit automaker’s Transit Connect commercial van for the U.S. market, the two companies have called it quits on the … Read More »
Tesla Motors just snagged a hefty tax break in California. The state’s Alternative Energy and Advanced Transportation Financing Authority, part of the Treasurer’s office, yesterday approved a request from the startup to avoid paying sales tax on up to $320 million worth of manufacturing … Read More »
Envia Systems, a battery materials startup based in Hayward, Calif., has just entered an elite group: the 1 percent of applicants awarded a first-round grant under the Department of Energy’s high-risk energy tech fund, ARPA-E (Advanced Research Projects Agency-Energy). Given that Envia, founded … Read More »
A123Systems, the Watertown, Mass.-based battery maker that marked a break in the cleantech IPO drought last month with its initial public offering, shortly after raking in $249 million in federal grants, is now heading to Japan. The company announced a deal this … Read More »
Of the $151 million in grants announced this week under ARPA-E (Advanced Research Projects Agency-Energy), the Department of Energy’s highly competitive program for high-risk, early-stage energy technologies, more than a fifth — some $33 million — has been allocated for green vehicle projects. Since … Read More »
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