article thumbnail

GE Capital to provide financing for electric motorcycle maker Brammo

Green Car Congress

The Ashland, OR-based manufacturer designs and develops electric motorcycles. This program with GE Capital will support the rapid growth of our distribution network, allowing leading motorcycle dealerships to capitalize on the growing demand for electric motorcycles. —Craig Bramscher, founder and CEO of Brammo.

article thumbnail

Valence Technology receives $12M purchase order from Wrightbus for Li-ion batteries

Green Car Congress

has received a purchase order valued at $12 million from Wrightbus, for lithium iron magnesium phosphate batteries to be delivered through 2015. Valence Technology, Inc. Wrightbus, which has had a relationship with Valence since 2007, selected Valence as the battery supplier of choice for Wrightbus’ range of hybrid vehicles.

Li-ion 236
article thumbnail

Hero Electric and Mahindra Group Join Hands To Conquer EV Space

Get Electric Vehicle

To accommodate market demand, Mahindra Group will produce Hero Electric’s most popular electric motorcycles, the Optima and NYX, in their Pithampur facility in Madhya Pradesh, the firms stated in a joint statement. Peugeot Motorcycles has big aspirations for electric mobility in numerous parts of the world, especially in Europe.

article thumbnail

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

Navigant’s analysis indicates that only buyers in California and Oregon will purchase sufficient numbers of vehicles in order to meet the ZEV requirement in 2018 and 2019. Electric motorcycles breakout. Sales of e-motorcycles have been increasing, but the market remains a tiny fraction of the e-bicycle and e-scooter market (5.2

2014 346
article thumbnail

California Air Resources Board kicks off new round of clean vehicle rebates with $15M

Green Car Congress

CVRP promotes the purchase of zero-emission or plug-in hybrid passenger vehicles. The program incentives are available for electric, plug-in hybrid electric, fuel cell vehicles and electric motorcycles. During the past two years, $11.1 Rebates are dependent on vehicle type, model year and fuel technology and range from $900 to $2,500.

Clean 199
article thumbnail

California Air Resources Board Unveils $3.7M in Rebates for Plug-in Hybrid and Zero-Emission Vehicles

Green Car Congress

The rebates offer up to $5,000 for the purchase of zero-emission (e.g., battery electric or fuel cell) and plug-in hybrid light-duty vehicles and up to $20,000 for the purchase of ARB-certified or approved zero-emission commercial vehicles on a first-come, first-served basis. The California Air Resources Board announced $3.7

Plug-in 225
article thumbnail

Mitsubishi Mirage to Be Discontinued by 2025

The Truth About Cars

Back when you could purchase a Chevrolet Spark or Mitsubishi Mirage for the same price as a half-decent motorcycle, there was a lot more to praise. Utilitarianism is the word here and there’s really no other reason to purchase the Mirage beyond trying to further maximize its value by keeping it forever. Annual U.S.