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CODA Automotive Battery Joint Venture Secures $394M of Committed Capital for Expansion

Green Car Congress

California-based electric car and battery company CODA Automotive ( earlier post ), together with its China-based joint venture partner, Lishen Power Battery, has secured $394 million of committed capital. CODA Battery Systems LLC—to design, manufacture and sell automotive-grade, lithium-ion battery systems in the United States.

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CODA Holdings raises $76M in Series D initial closing; support for CODA electric vehicle and Li-ion battery JV with Lishen

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CODA Holdings, a developer of Lithium-ion battery systems and all-electric vehicles, announced the initial closing of a Series D preferred investment round totaling $76 million, bringing the company's total invested capital to more than $200 million.

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DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

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. $355,938,600 Southern California Edison Company. Tehachapi Wind Energy Storage Project. Deploy and evaluate an 8 MW utility-scale lithium-ion battery technology to improve grid performance and aid in the integration of wind generation into the electric supply. Notrees Wind Storage. 24,978,264. 53,510,209.

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Zooz Power pushes to solve rural EV charging and energy storage

Teslarati

An Israeli startup thinks they may have found the solution to rural electric vehicle charging and power storage. One of the most significant challenges facing electric vehicle charging in rural areas worldwide is inconsistent power generation; if power isn’t generated, you can’t charge your car.

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Coda Automotive to Bring China-Built Electric Mid-size Sedan to California Market in 2010; New JV with Lishen for Automotive Li-ion Systems

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Coda Automotive , a new company formed and developed under the stewardship of entrepreneur Miles Rubin (known for his marketing and sales of low-speed, electric fleet vehicles under the Miles Electric Vehicles brand), will introduce an affordable, full-performance all-electric sedan built by Hafei in China to the California market in 2010.

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ARPA-E Awards $151M to 37 Projects for Transformative Energy Research

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Eagle Picher, in partnership with the Pacific Northwest National Laboratory, will develop a new generation of high energy, low cost planar liquid sodium beta batteries for grid scale electrical power storage applications. Electronville: High-Amperage Energy Storage Device-Energy Storage for the Neighborhood.

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