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Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

Green Car Congress

Fisker Automotive published its first business update, announcing that revenues had exceeded $100 million in the first four months of 2012. In the first few months of 2012, Fisker has continued to raise private equity investment to fund its expansion plans, securing $174 million of additional private financing since the start of the year.

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EVs will drive long-term electricity cost down, studies suggest

Baua Electric

2022 study Synapse, which conducted the New York study, also looked at costs and revenue associated with EVs in the service areas of California’s three largest utilities from 2012 to 2021. Porsche Taycan charging Lower utility rates could in turn remove an obstacle to further EV adoption. And in a Dec.

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German automotive companies launch “clean-diesel” marketing campaign in US

Green Car Congress

Six German automotive companies—passenger car manufacturers Audi, BMW, Daimler, Porsche and Volkswagen, and the supplier Bosch— launched their first joint campaign for diesels in the US. Up to September 2012, 284,400 light vehicles with diesel engines were sold, compared with only 160,000 units in the year 2009.

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Bosch sees future requiring multiple powertrain technologies; the larger the vehicle, the more the electrification

Green Car Congress

Bosch does not believe there is just one powertrain solution for the future; most of the cars on the world’s roads are still running on diesel and gasoline, and things will stay that way for the rest of the decade, Bohr noted. Only the diesel engine will achieve this in the compact class, but the gasoline engine will come close.

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Volkswagen Group to invest more than €62 billion up to 2016; largest-yet investment package for new models, advanced technologies and production facilities

Green Car Congress

The ratio of capital expenditure to sales revenue will be at a competitive level of around 6% on average in the period from 2012 to 2016. The plans are based on the Volkswagen Group’s current structures and hence already take into account the consolidation of Porsche Holding Salzburg. billion (US$68.7 billion), almost 80% of the total.

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Lightning Eyes 10-Minute Charging for its Motorbikes

Cars That Think

That time isn’t much longer than a gasoline fill-up, especially for motorcyclists who don’t mind some stretching and recovery after hours in the saddle. The battery pack holds more energy than the 22 kWh pack in BMW’s original i3 electric car that debuted in 2012. Lightning is also developing a 28-kWh pack for its race-oriented LS-218.

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Porsche 919 Hybrid LMP1 Le Mans prototype makes its debut at Geneva Show

Green Car Congress

Porsche 919 Hybrid. The Porsche 919 Hybrid LMP1 Le Mans prototype made its premiere at the Geneva Motor Show. Porsche 919 Hybrid development began in the middle of 2011 on a blank sheet of paper. The 919 Hybrid is our fastest mobile research laboratory and the most complex race car that Porsche has ever built.

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