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tag: electric vehicles

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

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

June 1, 2010 12:48 PM Camille Ricketts

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 …

Daimler looks beyond Tesla with BYD electric-car partnership

Daimler looks beyond Tesla with BYD electric-car partnership

May 27, 2010 5:24 PM Camille Ricketts

Until Toyota stepped in last week, Daimler was the only major auto manufacturer to take a stake in electric-car startup Tesla Motors — a company that has now become synonymous with next-generation transportation. Now Daimler wants to work the same …

CODA to build batteries in the U.S. with Energy Dept. loan

CODA to build batteries in the U.S. with Energy Dept. loan

May 25, 2010 6:03 PM Camille Ricketts

CODA Automotive, builder of electric cars and batteries, is diversifying its manufacturing operations, which had previously been based mostly in China. The company, headquartered in Santa Monica, Calif., says it will be opening a lithium-ion battery factory in Ohio that …

Questions answered: Live-blogging the Tesla-Toyota press conference

Questions answered: Live-blogging the Tesla-Toyota press conference

May 20, 2010 5:10 PM Camille Ricketts

We’re here at Tesla’s new headquarters in Palo Alto, Calif. live-blogging the announcement of a strategic partnership between Tesla Motors and Toyota. Tesla Motors CEO Elon Musk, Toyota President and CEO Akio Toyoda and California Governor Arnold Schwarzenegger are on …

Confirmed: Tesla to build electric vehicles with Toyota at NUMMI plant

Confirmed: Tesla to build electric vehicles with Toyota at NUMMI plant

May 20, 2010 1:42 PM Camille Ricketts

Governor Arnold Scharzenegger leaked earlier today that Tesla Motors will be partnering with Toyota to build a new electric vehicle. Now, chief executive Elon Musk confirms that this is true — but that Tesla will also be acquiring the recently-closed …

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

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

May 18, 2010 11:45 AM Camille Ricketts

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 …

Can the Chevy Volt bring GM back from the dead?

Can the Chevy Volt bring GM back from the dead?

May 17, 2010 5:10 PM Camille Ricketts

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 …

GM, Chrysler might finally get some love from the Energy Department

GM, Chrysler might finally get some love from the Energy Department

May 17, 2010 4:04 PM Camille Ricketts

Last year, when the U.S. Department of Energy was doling out its first batch of massive low-interest loan guarantees to car companies under the banner of the Advanced Technology Vehicles Manufacturing (ATVM) Program, it very blatantly left out General Motors …

Mitsubishi leaps into the Smart Grid game with $76M initiative

Mitsubishi leaps into the Smart Grid game with $76M initiative

May 17, 2010 12:52 PM Camille Ricketts

The movement toward a cleaner, more efficient Smart Grid is suddenly becoming vital to a range of existing companies. Appliance makers, software empires and automotive giants alike are all rushing to get a piece of what is quickly becoming a …

Fisker bumps up latest funding round to $175M

Fisker bumps up latest funding round to $175M

May 6, 2010 12:53 PM Camille Ricketts

Having already banked $100 million Fisker Automotive has raised its sights on a new round of venture capital funding, now seeking $175 million, according to a filing with the SEC (and first noticed by Earth2Tech).

The company is perhaps best …

BYD looks beyond EVs to home energy management

BYD looks beyond EVs to home energy management

April 26, 2010 3:08 PM Camille Ricketts

BYD Auto, one of China’s most ambitious electric-vehicle makers, just stretched its reach a bit further. Backed with $250 million from none other than Warren Buffett, the company was already prepping its all-electric E6 sedan for the U.S. market by …

GE, Nissan join forces to ready the grid for electric cars

GE, Nissan join forces to ready the grid for electric cars

April 26, 2010 2:29 PM Camille Ricketts

Nissan continues to beat the electric car drum. Last week, it started taking reservations for its all-electric Leaf, and beat its own expectations with more than 6,600 immediate orders. Now today, it announced that it is teaming up with General …

Ford unveils new tools to "green" the way you drive (video)

Ford unveils new tools to "green" the way you drive (video)

April 15, 2010 4:00 PM Camille Ricketts

Ford, which has been relatively hush-hush about its green car projects compared to General Motors and Nissan, is integrating eco-conscious features into its yet-unlaunched MyFord Touch in-vehicle software system. The new Eco-Route tool, in particular, is designed to teach drivers …

Ford joins forces with Microsoft to tackle EV charging challenge

Ford joins forces with Microsoft to tackle EV charging challenge

March 31, 2010 11:03 AM Camille Ricketts

With Nissan and General Motors already hyping their plug-in vehicles due out later this year, Ford seems to have fallen behind. Its all-electric Ford Focus hasn’t commanded as much attention. But today it looks like it’s pursuing a different strategy, …

CODA ramps up electric car manufacturing in China with new $394M

CODA ramps up electric car manufacturing in China with new $394M

March 30, 2010 1:02 PM Camille Ricketts

CODA Automotive, one of the lesser gabbed-about electric car companies, just got a big break. Along with its joint venture partner, battery maker Lishen Power Battery, the company has just taken in $100 million in direct capital, with the promise …

Nissan Leaf undercuts rivals with $33,000 price tag

Nissan Leaf undercuts rivals with $33,000 price tag

March 30, 2010 12:22 PM Camille Ricketts

With both the Nissan Leaf and General Motors’ Chevy Volt slated to launch before the end of the year, 2010 is quickly becoming a barometer for how the market will receive plug-in vehicles — and which brand will take the …

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