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Ballard Power subsidiary Protonex receives $5.8M purchase order for power manager units

Green Car Congress

million purchase order for the supply of Squad Power Manager ( SPM-622 ) Special Operations Kits for end customer US Special Operations Command. The purchase order is the largest order in its history and represents follow-on business from the $2.8-million All products under this new order are expected to be shipped in 2016.

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USDOT awarding $55M to support purchase of Low-No buses; electric buses and infrastructure

Green Car Congress

Eligible projects included those that replace, rehabilitate, lease, and purchase buses and related equipment as well as projects to purchase, rehabilitate, construct or lease bus-related facilities, such as buildings for bus storage and maintenance. million for hydrogen fuel cell buses. Description. City of Fairfield. 746,456.

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A123 Systems and Wanxiang execute definitive agreements for investment of up to $465M in A123

Green Car Congress

US-based Li-ion battery manufacturer A123 Systems announced the execution of definitive agreements with China’s Wanxiang Group Corporation, which follows the non-binding memorandum of understanding (MOU) that A123 signed with Wanxiang on 8 August 2012. Earlier post.) — David Vieau, CEO of A123.

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A123 Systems in non-binding MoU with Wanxiang for strategic investment of up to $450M; Wanxiang would own up to 80% of A123 common stock

Green Car Congress

A123 Systems, a developer and manufacturer of advanced lithium-iron phosphate batteries and systems, signed a non-binding memorandum of understanding (MOU) with Wanxiang Group Corporation establishing the framework for a strategic investment through which Wanxiang would invest up to $450 million in A123. million (a decrease of 53% from $36.4

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Toyota FCV Mirai launches in LA; initial TFCS specs; $57,500 or $499 lease; leaning on Prius analogy

Green Car Congress

—Akio Toyoda, Toyota Motor Corporation President/CEO. In the US, customers will be able to take advantage of Mirai’s $499 per month/36 month lease option, with $3649 due at lease signing, or purchase the vehicle for $57,500. —Satoshi Ogiso, Managing Officer, Toyota Motor Corporation. million loan from Toyota.

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