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 »
Cleantech
How do you encourage consumers to switch to electric cars? Here’s two not-so-obvious ways, according to an Accenture survey released on Wednesday: offer free parking and get more utilities to build charging networks. Read More »
Greentech investor Steve Westly has been out there raising a new $175 million cleantech fund, and recently closed on the first $50 million. Particularly interesting is that Westly plans to have a special focus on green building technology for the new fund. Read More »
To kick off the first quarter of 2011, electric vehicle maker Tesla reported record revenues and gross margins. But given the company won’t be making a profit until well after its second electric car the Model S comes out, Tesla is still losing money every quarter. Read More »
The blockbuster IPO by Tesla Motors revved up the public profile of electric cars over the past year. But Fallbrook Technologies, which makes transmission systems for bikes and EVs, pulled its $50 million IPO plan because of “unfavorable market conditions.” Read More »
Making all-electric vehicles is easier if you haven’t been building gas guzzlers for the better part of a century: That’s the mantra put firth by representatives from Tesla and CODA. Both said today at GigaOM’s Green:Net conference that there is space for indie EV car makers. Read More »
Make your own Tesla electric Roadster from the comfort of your own home with Tesla’s nifty web-based car maker. Now if you could only afford a $100K plus electric car, you’d be all set. Read More »
The federal government, which is one of the biggest boosters of electric cars, announced two initiatives on Tuesday: a Google Map project featuring charging stations nationwide, and $5 million in funding for cities to come up with plans to popularize electric cars. Read More »
Looks like creating an in-store experience is the way to go for electric car companies. This week, electric car startup Coda Automotive is releasing images of its new store at Westfield Century City in Los Angeles, Calif., which it plans to open this summer. Read More »
The exec formerly in charge of Apple’s famously successful in-store experience, is paving a new path for electric vehicle company Tesla Motors. Tesla’s VP of Worldwide Sales and Experience, George Blankenship, shows us around Tesla’s first experiential store on Santana Row in San Jose, Calif. Read More »
Was Tesla Motor’s CEO Elon Musk on the right track when he said he’d bet on capacitors over batteries for the future of electric cars? A group of high-profile investors seem to think so and have backed ultracapacitor startup Ioxus with $21 million. Read More »
For this week’s Green Overdrive show, we catch up with Wrightspeed founder Ian Wright (part of the founding team of Tesla) at the ribbon-cutting ceremony at his new factory. Wright shows us the company’s digital drivesystem, which will be used to build extended-range electric trucks. Read More »
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