Panasonic Automotive buys streaming radio firm Aupeo
The deal – the financial terms of which remain a mystery – is important for both the connected industry and the Berlin start-up scene, which has long been holding out for a big exit. Read more »
The deal – the financial terms of which remain a mystery – is important for both the connected industry and the Berlin start-up scene, which has long been holding out for a big exit. Read more »
This quarter the EV market struggled to find its footing. Meanwhile, the smart-grid sector solidified and low-power technology proved itself important in the data center. Read more to learn what these news pieces and others mean for the larger space over the next few months. Read more at GigaOM Pro »
A year after the Vehicle Production Group (VPG) closed a $50 million Department of Energy loan for designing a natural gas vehicle, the company used the money as planned, began production and is seeing hundreds of vehicles on the road so far. Read more »
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Spurred by recent support from the U.S. government and rock-bottom natural gas prices, the big auto makers appear to be getting on board with natural gas-powered vehicles. Read more »
Electric car startup Fisker Automotive has named Fisker vice chairman, and former Chrysler Chief Executive, Tom Lasorda as its CEO. Read more »
This year’s CES was the biggest in the show’s 44-year history. It boasted 15 miles of exhibit hall aisles, 3,100 booths and 153,000 attendees. It is easy to be jaded by the endlessly repetitive products, but the thousands of innovations point toward a future of connectivity. Read more at GigaOM Pro »
It’s been over a month since the Solyndra news came out, but it’s still dominating. Because it just won’t go away, here’s my top five list of projects that the DOE also backed with loan guarantees and that are showing some early signs of success. Read more »
Lithium-ion battery startup ActaCell, which has already raised funds from such high profile groups as Google.org, DFJ Mercury and Applied Ventures (Applied Materials venture arm), is out touting over $3 million in newly acquired financing this morning. Read more »
Steven Rattner, the Obama administration’s so-called Car Czar, has a new book out and he weighs in on the sloppiness of the stimulus funds, the “fad” of green jobs and how the Volt will do nothing for GM’s bottom line. Tell us how you really feel. Read more »
In a new supply deal between energy behemoth ConocoPhillips and A123 Systems, whose batteries are slated to power upcoming plug-in vehicles from Fisker Automotive and Chrysler, Big Oil meets little lithium-ion. Read more »
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The newest music video by pop music sensation/possible crazy person Lady Gaga is a darker spin on her signature “out there” style. While free of product placement (as well as eyeliner) it’s getting a perfectly-executed premiere courtesy of Vevo and YouTube. 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 »
Electrovaya, the Canadian battery maker supplying lithium-ion batteries for Chrysler’s plug-in hybrid truck demo, brought in nearly $1.1 million in revenue during the first three months of this year, compared to just $675,000 in the same period a year earlier. Read more »
General Motors and Chrysler, in their bids for government loans for green car manufacturing, have cleared the hurdle of demonstrating financial viability. Now it’s a matter of showing that their ideas for producing more efficient vehicles are on the cutting edge. Read more »
Chrysler and NASA plan to share data and research related to battery systems, energy storage, materials engineering, radar, robotics and other technologies over the next three years as part of a new alliance announced this morning. Read more »
Battery maker A123Systems has just hit a milestone in its young public life: Officers, directors, employees and early investors holding more than two thirds of A123′s common stock are free to cash out. A123′s shares have sunk more than 5.9 percent today. Read more »
Chrysler and Fiat plan to launch an electric version of the Fiat 500 minicar packed with lithium-ion batteries from A123Systems in the U.S. in 2012, Chrysler announced today. It will mark the pair’s first all-electric model, and a big year for A123 as it finds its […] Read more »
Jump out of the little pond and take its chances with the big fish — that’s what ECOtality aims to do by listing its common stock on the Nasdaq Capital Market (previously called the SmallCap Market). ECOtality, which is the parent company of electric vehicle infrastructure […] 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 »
Eight auto and car parts makers will get more than $187 million in federal funds to help them improve the fuel efficiency of heavy-duty trucks and passenger vehicles, Secretary of Energy Steven Chu announced today. The awards, funded largely through the Recovery Act, come as the […] 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 »
After the Nasdaq opening bell rings Thursday morning, keep an eye out on the ticker for the symbol “AONE,” which represents Watertown, Mass-based battery startup A123Systems. The company is expected to set its price on Wednesday and trade Thursday and represents the first spot of relief […] Read more »
Less than a year after startup A123Systems lost a battle for what could be one of the biggest plug-in vehicle battery supply deals in the country — General Motors’ Chevy Volt — the Massachusetts-based company has snagged a $249 million grant from the Department of Energy […] Read more »
The Obama administration has just named the first group of winners in one of the hottest cleantech programs in the stimulus package, the $2.4 billion Electric Drive Battery and Component Manufacturing Initiative, which includes $1.2 billion for battery cell and pack manufacturing facilities. Among the 48 […] Read more »
The hours-old tie-up between Italy’s Fiat Auto and Chrysler, which finally toppled over the brink and filed for Chapter 11 today, is no Renault-Nissan. As we noted earlier this year when Chrysler chief Bob Nardelli (who’s now stepping down) announced Fiat’s 35 percent equity interest in […] Read more »
A123Systems looks like it’s making its way through the haze of the downturn, despite that lost deal to supply batteries to GM’s ( s GM) Volt and a stalled IPO. The good news started last week when the lithium-ion battery maker announced a deal to supply […] Read more »
Brits Go Ahead With Green Auto Bailout: Jaguar Land Rover and Nissan’s British factory have won hundreds of millions of dollars in loans to develop cleaner vehicle technology. The money comes from the European Investment Bank in the first round of money for UK-based carmakers. — […] 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 »
Just hours after his auto task force announced that it had rejected General Motors and Chrysler’s turnaround plans, President Barack Obama stepped up to the White House podium to explain the task force decision, reassure the communities hardest hit by auto industry layoffs, and set the […] Read more »
Cartman & Co. are headed for Netflix, as the movie rental company has signed a deal to stream the first nine seasons of South Park through its Watch Instantly service, reports The New York Times today. South Park creators Trey Parker and Matt Stone have already […] Read more »
For executives at Chrysler and GM, “long weekend” may take on a new meaning these next few days. The two companies have until Tuesday to submit their restructuring plans to the federal government. Speaker of the House Nancy Pelosi and Financial Services Committee Chairman Barney Frank […] Read more »
I have worked hard in my office all week but the beautiful weather today enticed me out from behind the desk and down to the neighborhood coffee shop. I’ve been here for a while but sadly the experience hasn’t been as good nor as productive as […] Read more »
Quizzing the Car Czar: With the U.S. auto industry hanging in the balance, an expected federal “car czar” faces ten fundamental questions, from whether the SUV is dead (or close to retirement) to how close we really are to having mass-market electric cars. — Wall Street […] Read more »
Chrysler-Fiat Deal Contingent on More Loans: Anonymous sources say Fiat’s agreement to take a 35-percent stake in Chrysler will not be binding unless Washington loans Chrysler an additional $3 billion. — Wall Street Journal Toyota the New Top Dog: For the first time since the Great […] Read more »
A new partnership between Italy’s Fiat Auto and Chrysler is no Renault-Nissan. It involves zero infrastructure deals or grand electric vehicle schemes. As Chrysler chief Bob Nardelli said today when he announced Fiat’s 35-percent equity interest in the smallest of the Big Three, the automakers’ markets line […] Read more »
When the Big Three auto executives drove away from Capitol Hill last month, they left a trail of buzz about the electrification of the auto industry. GM’s plug-in hybrid Volt, which the company says will enter production in less than a year, and Chrysler’s proposed portfolio […] Read more »
Say Good-bye to Your Big Plasma: EU officials may outlaw the largest plasma TV models under new energy performance requirements. — NYT’s Green Inc. Going Negative: Global carbon emissions will have to drop to near zero by 2050 and “go negative” after that to avoid the […] Read more »
Automakers kicked off this year’s North American International Auto Show, commonly called the Detroit Auto Show, yesterday with less glitz and more conspicuous frugality than in years past. But new plans for hybrid and electric models were hardly in short supply. Things picked up again this […] Read more »
The Eye-Fi folks are at it again. Just when I was considering their most recent product for my DLSR, they go and announce a new product. This SD card connects to WiFi networks like their other products, but the difference here is that it can send […] Read more »
Chrysler CEO Bob Nardelli sent a letter to the automaker’s employees yesterday in which he reflects on the past year, highlighting improved fuel economy, electric vehicle plans, and votes of confidence (aka bailouts) from the U.S. and Canadian governments. There’s no mention of the company’s plans […] Read more »
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