In the Money: VantagePoint Venture Partners said in Davos this weekend that it plans to invest more than $1 billion in 10 to 15 cleantech startups over the next 24 to 30 months. — Reuters
Will the Real U.S. Auto Industry Please Stand Up: From 1900 to 1925, the U.S. had more than 3,000 automobile startups turning out cars of every imaginable design, variously powered by steam, electricity and then gasoline. Can the auto industry return to its innovative roots before it collapses? — New York Times
Bolivia’s Battery Bid: Bolivia, home of the world’s largest lithium reserves, will become a major lithium-ion battery producer within six years, according to the country’s top mining official. He said Sumitomo, Mitsubishi, Bollore and other companies have expressed interest in a government lithium venture. — Guardian
Texas’s Lucky 13: Texas utility regulators have identified 13 companies that will build $5 billion worth of transmission lines to support the state’s booming wind industry, including Oncor and Electric Transmission Texas. — NYT’s Green Inc.
Copper Industry Hearts Hybrids, EVs: Japan’s copper producers hope growing demand for hybrid and electric vehicles, which require more of the metal, will fuel a jump in copper consumption. — Platts