Mercedes-Benz A-Class E-Cell set for 2010 Paris auto show debut

As reported earlier, Mercedes-Benz will be launching a new all-electric version of its entry-level A-Class model dubbed the A-Class E-Cell. This limited production model is being developed together with Tesla and will reportedly make its world debut next month at the 2010 Paris Auto Show.

PetroAlgae chances weak green IPO market with $200M filing

PetroAlgae, a company claiming that it has found a cheap way to convert algae into fuel — a goal that formidable competitors like Sapphire Energy and Solazyme are also chasing — just filed for a $200 million IPO despite a weak public market for green companies. Early signs suggest that this move could do more harm than good to the burgeoning algae industry.

A123 spins out energy storage startup, loses Chrysler deal

Advanced battery maker A123 announced more than its quarterly earnings yesterday. In addition to posting a lackluster $22.6 million in revenue, the company spun off a new energy storage startup called 24M Technologies to work on more unorthodox lithium-ion architectures.

Bay Area soon to be home to 5,050 more EV charging stations

Infrastructure for electric transportation is heating up. Companies like Coulomb Technologies and Ecotality are already deploying electric vehicle charging stations region by region. And just today, general Motors said it was gearing up to announce a charging partner for its forthcoming Chevrolet Volt.

Cleantech funding to the moon: $1.5B invested in Q2

Venture capital funding in cleantech companies swelled to $1.5 billion in the second quarter of 2010, its highest level since Q3 2008, according to a report released today by Ernst & Young. This is a staggering 64 percent increase over the amount invested in Q2 last year.

Chevy Volt: No $5K rebate, carpool-lane access for CA buyers

Now we know: The first two plug-in cars from major manufacturers will go head-to-head on warranties and lease prices: $350 a month for the 2011 Chevrolet Volt, $349 for the 2011 Nissan Leaf.

Late to the party, Honda unveils plug-in vehicle strategy

With General Motors, Nissan and Mitsubishi all moving forward on plans to launch plug-in and all-electric vehicles in the next two years, Honda — one of the largest automotive companies in the world — has been conspicuously absent. But no longer.

Inside Tesla and Toyota’s deal to co-build the all-electric RAV4

Two months after announcing their informal intention to build an electric vehicle together, Tesla Motors and Toyota have made their relationship official, inking a deal to co-produce an all-electric edition of Toyota’s RAV4 SUV.

Bill Gates backs EcoMotors’ new OPOC engine with $23.5M

Throughout the history of the internal combustion engine there have been a multitude of scientists, inventors and entrepreneurs shouting claims about revolutionary new engine designs promising greater efficiency, more power, fewer emissions and lower production and running costs.

Why is Tesla’s stock deflating after only two days?

Good news for those of you who shorted Tesla Motors’ stock: the electric car company’s shares are already falling in price as the zeal around its $226 million public debut begins to fade — after just two days.

Tesla makes magic happen, prices shares at $17

Tesla Motors is already off to a good start before its debut on the Nasdaq as TSLA tomorrow. The electric car company’s shares have been priced at $17 a pop, exceeding the expected range of $14 to $16.

Buzz on private share sites bodes well for Tesla IPO

Less than a week before Tesla Motors — the darling of the emerging electric car industry — is scheduled to go public (June 29), reporters and analysts are still divided on whether the sale will soar or not. But activity on secondary market sites, where private shares of the company have been traded for months, suggests that Tesla’s sexy products and perennial buzz may be enough to carry off a lucrative IPO.

Fisker raises $35M more to unlock federal funds, launch hybrid Karma

Fisker Automotive just got a $35 million boost toward matching its $529 million low-interest loan from the U.S. Department of Energy. So far this year, the Irvine, Calif., company has raised $189 million in equity financing to share the costs of its new Delaware manufacturing plant and help it launch its luxury hybrid model, the Karma.

Khosla company EcoMotors snags $18M to develop “breakthrough” car engine

Even as many electric and plug-in hybrid vehicles near their launch dates — foreshadowing the demise of the internal combustion engine — a small Michigan company called EcoMotors is betting that fossil fuel engines are here to stay for a while, and that they could be much more fuel efficient (the same logic that is often used with clean coal initiatives). It just landed $18 million to make its case.

GM teams with Google to make the Chevy Volt an Android car

General Motors, fresh off announcing its first profitable quarter in almost three years and with potential government funding, is keeping the good news rolling. The company is revealing today that it will integrate Google’s Android operating system into existing OnStar technology in its highly-anticipated plug-in Chevrolet Volt, due out this fall.

Can the Chevy Volt bring GM back from the dead?

General Motors posted its first quarterly profit in almost three years today — a victorious declaration of its financial rehabilitation. It only took a major bailout, the slashing of several vehicle brands, and massive layoffs to turn things around, but the outlook is good — and made even shinier by a forthcoming line of exciting new products, capped off by the plug-in Chevy Volt.