Revenge of the Electric Car

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U.S. Battery Makers Power Up

Revenge of the Electric Car

A coalition of 14 companies this week announced the creation of a new business alliance aimed at promoting domestic production of lithium ion batteries. Automakers hope to use the batteries in next- generation hybrids as well as plug-in electric cars. LA Times, December 20, 2008. December 20, 2008 U.S.

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Tesla Prepping IPO

Revenge of the Electric Car

The company’s chairman Elon Musk said early last year that an IPO was a possibility in either late 2008 or 2009.&#. electric-car maker Tesla Motors plans to go public soon, two sources familiar with the matter said, amid growing interest in green technology and battery-powered vehicles. Electric-car maker Tesla preparing IPO.

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