NEA Clears $2B With Latest Fund: New Enterprise Associates, which has backed Bloom Energy, Gridpoint and Serious Materials, has just added another $1 billion to its 13th fund, bringing the total to $2.15 billion. — VentureBeat Musk on Letterman: Tesla Motors CEO Elon Musk is scheduled … Read More »
Cleantech
It’s no secret that the UK government wants its roads to one day serve a fleet of clean plug-in vehicles. Earlier this month we wrote about Prime Minister Gordon Brown’s pledge to launch up to three electric car pilot projects within a year, eventually building … Read More »
Londoners and travelers with some time to kill in the neighborhood of Heathrow Airport — or at least the electric sports car fiends among them — may have a new destination this spring. Tesla Motors, which has the chassis for its Roadster assembled about 100 miles … Read More »
For Mitsubishi Motors, finding buyers for 2,000 of its electric vehicles was a snap. In fact orders rolled in so quickly for the iMiEV model, which is scheduled to begin leasing in Japan this summer, that the automaker now plans to ramp up production volumes faster … Read More »
Attack of the Algae-Eaters: Shrimplike animals have devoured 159 square miles of artificially stimulated algae meant to capture carbon dioxide — casting serious doubt on ocean fertilization as a climate-control tool. — National Geographic On Their Marks: Malaysian automaker Proton and startup Detroit Electric plan to … Read More »
Updated: This weekend CNN published a report from Silicon Alley Insider which says, “It appears as though GE Capital has invested in Tesla Motors.” The publication took the words of Tesla CEO Elon Musk, in a leaked interview with Car and Driver on a … Read More »
Today’s the big day: The Apple-esque unveiling of Tesla Motors’ latest concept car: a $57,400 electric sedan called the Model S. Tesla just pulled the sheets off two prototypes — one silver and one white — at the Los Angeles headquarters of Tesla CEO Elon Musk’s … Read More »
Tesla Motors’ Model S sedan has had a long and bumpy ride. On Thursday afternoon, the all-electric car with the $57,400 price tag will be unveiled in prototype at a launch party to be held at the Southern California headquarters of CEO Elon Musk’s other startup, … Read More »
Back in January, Tesla Motors had plans, by most reports, to start producing 30 all-electric luxury Roadsters per week by this “spring.” Here we are on the season’s doorstep, and word has come in a newsletter from Tesla CEO Elon Musk that the startup … Read More »
Less than six months after Michigan lost one high-profile R&D center for alternative-fuel vehicles (that of Tesla Motors, shuttered last fall), the state has wooed another: Daimler AG’s Mercedes-Benz Hybrid subsidiary plans to build a $9.9 million R&D facility in southeast Michigan for propulsion systems … Read More »
The notion of maverick Silicon Valley automakers rising up to take down Motor City — a popular one in the early days of electric sports car startup Tesla Motors — was never entirely accurate. Fisker Automotive, Think and others making a serious go at developing … Read More »
The way Bright Automotive CEO John Waters tells it, General Motors forgot any lessons learned from its first foray into electric vehicles. Waters, who headed up design for GM’s initial EV-1 project, is skeptical that a hulking steel platform like GM’s Chevy Volt … Read More »