Fuel-efficient diesel engine maker EcoMotors raises $5.25M
EcoMotors, a company that was unveiled earlier this year at the Detroit Auto Show, raised $5.25 million in its first round of funding, according to peHUB. The raise from Khosla Ventures was reported when the company launched, but the amount was not disclosed.
The diesel engines EcoMotors hopes to commercialize will be smaller, lighter and more fuel-efficient than the standard diesel engines used today, which rely on a decades-old design. EcoMotors isn’t the only alternate diesel… Continue Reading
The Detroit Auto Show’s cleantech notables: Coskata, EcoMotors, Fisker Automotive
American automakers have finally learned that fuel efficiency and environmental friendliness count, turning the yearly Detroit Auto Show, which started Sunday, into a lineup of cleantech exhibitions.
Among big-company prototypes like the Chevy Volt and Cadillac Provoq are a handful of smaller firms making significant headway. Following is a brief lineup of the ones we thought were most interesting:
Coskata
A mere two years old, ethanol producer Coskata has managed to attract an investment from General Motors,… Continue Reading