The woes of battery maker Ener1 keep piling on. Following on the heels of its loss on electric car maker Think, the company’s CEO stepping down, and its planned restatement of its earnings, Ener1 has now officially been delisted from the Nasdaq. Read More »
Cleantech
Twenty-year-old Norwegian auto maker Think is kicking off the U.S. market this morning by delivering its first U.S.-made Think City’s to the state of Indiana for a government fleet. Read More »
The green car battery recycling bandwagon just got a bit more crowded. General Motors and Swiss grid giant ABB announced that the two companies will jointly research ways to reuse old batteries from GM’s Chevy Volt hybrid for storing power on the grid. Read More »
The electric RAV4 — a model that Toyota Motor discontinued in 2003 after selling only about 300 units — could get a new lease on life, courtesy of the automaker’s alliance with electric car maker Tesla Motors. Read More »
Rev your engines, auto startups — there’s a new VC in town. General Motors announced this morning that it has created a new subsidiary to identify, develop and invest in innovative technologies in the transportation sector. Read More »
As companies across the nascent electric vehicle market seek Chinese allies to gain a foothold in the world’s largest auto market, Indiana-based Ener1 has found itself a new dance partner: the electric vehicle division of Wanxiang, one of the largest auto parts suppliers in China. Read More »
Chinese automaker Geely, which is known for its low-cost compacts, plans to buy the loss-making luxury brand Volvo for $1.8 billion from Ford Motor. How does the deal play into China’s larger role in the nascent electric vehicle market? Read More »
For at least one green car maker out there, tomorrow may be the lucky day. According to a press advisory from the Department of Energy today, Secretary Steven Chu will — drumroll please — “make a loan announcement” related to the agency’s advanced technology vehicle loan… Read More »
Things just got a little cozier between Norwegian electric car company Think and one of its U.S. investors, Ener1. EnerDel, the battery-making subsidiary of Ener1, already had a major contract with Think to supply batteries for the company’s electric City model, as well as… Read More »
Battery maker EnerDel has big plans for Mount Comfort, Indiana. That’s where the company, a subsidiary of Ener1 said today it plans to invest $237 million leasing and equipping a new manufacturing plant for lithium-ion battery cells and packs. Federal, state and local governments have stepped… Read More »
Fisker Automotive has traveled a winding road on the way to picking a battery supplier. At long last, here it is: Battery maker A123Systems will supply the battery systems for Fisker’s upcoming plug-in hybrid luxury vehicle, the Fisker Karma, under an agreement announced by the… Read More »
Lithium-ion battery maker EnerDel once expected to generate 800 jobs and invest $184 million in an Indiana manufacturing plant – but no more. Although it has not disclosed revised numbers, the company has scaled back its plans for the new facility, according a county official quoted in
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