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 equipment — […] Read more »
If there’s one thing to be said about plug-in hybrid vehicle developer Fisker, it’s that the young startup moves quickly. A month after securing a $528.7 million loan from the Department of Energy, Fisker is reportedly in advanced talks to buy an old 3.2 million-square-foot General […] Read more »
Two Spanish Apple sites are reporting that the latest build of Apple’s upcoming update to its Mac OS X Snow Leopard software contains references to as-yet unreleased new models of MacBook Pro. Build 10C531 lists “MacBook Pro 6,1” and “MacBook Pro 6,2”, an indication of major […] Read more »
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Colorado residents who have signed up to buy a luxury electric sports car from Tesla Motors in 2009 will get to speed through a giant loop hole in the state’s tax code, and get a $42,083 tax credit over five years on the vehicle. But if […] Read more »
I usually have at least three browsers open at any time. One will be a Mozilla Gecko app (Firefox, Camino, or SeaMonkey) and one an Apple WebKit based program (Stainless, Cruz, iCab, Shiira, OmniWeb, or especially since Safari 4 was released, Safari itself). Interestingly, I find […] Read more »
I am now officially pumped about the leaked Barnes & Noble e-book reader. It is beginning to look a lot like the Kindle with an important difference — a little touch screen at the bottom that can facilitate buying books right on the reader, or serving […] Read more »
A growing number of early-stage deals and general optimism in the technology industry helped push venture capital investments up 14 percent in the third quarter of this year, to $6.1 billion from $5.3 billion in the prior quarter, according to a report released today from ChubbyBrain, […] Read more »
Daimler AG, as it closes in on the November start date for its initial run of electric vehicles — 1,000 Smart Fortwo minicars set to be built with Tesla Motors battery technology — is mapping out the road to large-scale production. The German automaker this morning […] Read more »
Out of stealth mode and into the shadows — that’s the road down which auto startup V-Vehicle’s has traveled over the last few months. Since making the splashy announcement in June that it had raised more than $100 million from big-name investors T. Boone Pickens, John […] Read more »
Why Cali Gets Cleantech Investment: Mary Nichols, chairwoman of the California Air Resources Board, writes that the more than $1 billion invested in algae research and development projects in California in the last year offers “one of the clearest indicators to date that California is headed […] Read more »
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In the latest chapter of a bitter rivalry between two hybrid auto entrepreneurs, startup GreenTech Automotive has just unveiled plans to make an initial investment of $1 billion and start producing 150,000 vehicles annually at a new hybrid development and manufacturing facility in Tunica County, Miss., […] Read more »
Reality Check on Dedicated Green Portfolios: “Investors tempted by green investing need to choose funds carefully and understand that some of these sectors can be very volatile.” Plus, buying stock in greener companies and “shunning those that are harder on the Earth’s resources won’t benefit the […] Read more »
We’d like to say thanks to this month’s WebWorkerDaily sponsors: Rackspace: Experience fanatical support. FreshBooks: Look Professional with FreshBooks. Read more »
It is the end of another week and that can only mean it is time to share my week at Mobile Tech Manor with you. It is by far my favorite time of week, no doubt that it always occurs on Friday plays a role. This […] Read more »
The now infamous Tesla founder’s feud was one of those classic fights that exemplified the difficulties of the entrepreneurial experience, as well as the bumpy road for an electric vehicle startup. And it has now supposedly ended as abruptly as it started: this morning, according to […] Read more »
You know the viral “Noah takes a photo of himself every day for 6 years“? Well, what if Noah took a 4-second video of himself instead? And what if everyone else did, too? That’s kind of the effect you get from the new Robo.to TV service, […] Read more »
Any company hoping to launch a plug-in vehicle for mass market consumers has to be focused to some extent on battery cost — it’s the priciest part of the vehicle, making many models either prohibitively expensive for an average consumer at this point, or forcing the […] Read more »
Kleiner Perkins investor, and former President of Oracle, Ray Lane, said that electric vehicle maker startup Fisker is gearing up to make a major announcement about a $39,000 plug-in hybrid vehicle later this week or next week. The venture capitalist, whose firm funded Fisker, let the […] Read more »
Electric car startup Tesla Motors, which just snagged a $465 million loan from the Department of Energy, has done it again — raised capital, that is. The San Carlos, Calif.-based company has pulled in $82.5 million in a sixth round of private equity financing, according to […] Read more »
It might sound familiar: An ambitious startup sets out to build a high-performance electric two-wheel vehicle priced for the niche luxury market, hoping to establish its brand and business as it develops lower-end models for the mass market. Well, that’s the game plan for Mission Motors, […] Read more »
A123Systems finally set the terms for its IPO in a new filing with the SEC this week more than a year after it first registered to go public. Like the Massachusetts-based battery maker, cleantech startups including electric car company Tesla Motors were eying the public markets […] Read more »
Exceeding expectations is the name of the cleantech game for investor Steve Westly these days. Last night, he said at the Reuters Global Climate and Alternative Energy Summit that his firm, the Westly Group, set out to raise $100 million for a new cleantech fund that […] Read more »
In my school district, kids get out of school as early as 2:45 pm and as late as 4:15 pm. If you start working after the kids leave for school, you can usually get around six or seven hours of work done. Most people tend to […] Read more »
In a move that could mark the birth of a powerhouse electric vehicle tech partnership, UQM Technologies and BorgWarner have just announced plans to collaborate on electric powertrain systems for hybrid and electric vehicles. First in line for the new duo’s technology is Coda Automotive, the […] Read more »
Climate Change and Cali Wildfires: “To the average person a 1-degree rise in average spring and summer temperatures may not seem like much. But for residents of the western United States—including California, which is fighting at least eight fires right now—it could mean a staggering increase […] Read more »
GM Green Strategy in a Nutshell: General Motors’ Britta Gross says the extended-range electric Chevy Volt is intended as a halo car to change people’s perception of the company, but it’s developing hydrogen fuel cell tech since “we can’t just assume batteries are going to solve […] Read more »
Compared with Tesla Motors co-founder Martin Eberhard, the startup’s other founder — Marc Tarpenning — has kept a relatively low profile. But Tarpenning spoke this morning at IBM’s Almaden Institute 2009 in San Jose, Calif., telling his version of the Tesla creation story that Eberhard and […] Read more »
The e-book space has never been hotter with a new electronic reader seemingly announced every day. Amazon certainly has made the e-book game popular and everybody seems to be interested in it currently. I have been reading e-books since the early PDA days, and it is […] Read more »
Battery startup A123Systems, which filed for an initial public offering more than a year ago but has yet to go public, took home one of the biggest grants in this month’s round of awards under the Department of Energy’s grant program for electric vehicle battery and […] Read more »
Cash for Algae Fuel Down Under: The Algal Fuel Consortium won an A$2.72-million ($2.26 million) research grant under a government program in Australia to develop microalgal mass cultivation systems to generate biomass from captured CO2 emissions, and use it as a feedstock for pilot-scale production of fuel […] Read more »
More than 100 companies have been jockeying in recent months for billions of dollars in federal grants and state incentive packages designed to help spur the growth of a U.S. battery manufacturing industry for plug-in vehicles. At this point, firms based in China, Japan, South Korea […] Read more »
Updated: Of all the twists and turns we might have expected to follow last month’s court decision that enabled ousted Tesla founder Martin Eberhard’s lawsuit against the electric car startup and CEO Elon Musk to proceed, this one has caught us by surprise: Eberhard has dropped […] Read more »
Less than two months after the Department of Energy gave Tesla Motors the green light for $465 million in low-interest loans, the electric car startup has identified its first project for the funds: setting up a powertrain assembly facility and new headquarters at the Stanford Research […] Read more »
If shipments of transmissions for Tesla Motors’ $109,000 Roadster, had halted for too long this past spring, it could have spelled doom for the electric car startup. “This is life or death for us,” CEO Elon Musk said at the time, according to an extensive profile […] Read more »
Missteps in GM’s 230 Campaign: General Motors’ buzzy 230 MPG marketing campaign for the Chevy Volt “was flawed because it was ill-timed, targeted a group that is not likely to be the core Volt buyer and — most of all — didn’t offer enough clues to […] Read more »
Cutting Carbon at $365 per Ton (Ouch!): University of California-Davis professor Christopher Knittel calculated how much we’re spending for each ton of carbon dioxide saved through the cash-for-clunkers program, and “It ain’t pretty.” — WSJ’s Environmental Capital Group of Two: China and the U.S. are the […] Read more »
The battle of the MPGs kicked into high gear this week with General Motors making the bold claim that its upcoming Chevy Volt, an extended-range electric vehicle, will get 230 MPG for city driving. Nissan countered with an announcement that its 2011 all-electric LEAF sedan will […] Read more »
It’s shaping up to be a bittersweet summer for Tesla Motors. While in June the electric car startup became embroiled in a lawsuit with founder Martin Eberhard, the Department of Energy also approved a long-awaited $465 million loan for battery manufacturing and the Model S electric […] Read more »
Call it the year of the electric sedan: After a series of delays, name changes, deals and design tweaks over the last two years, three automakers have unveiled their visions for a first generation of all-electric family vehicles. The latest model comes from Nissan, which set […] Read more »
For electric car startup Tesla Motors, it’s the little things that count in today’s ruling by a San Mateo County Superior Court judge, which essentially gives the green light for founder Martin Eberhard’s lawsuit against Tesla and CEO Elon Musk to proceed almost entirely intact. “Would […] Read more »
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