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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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REE closes $15M share offering, links with Airbus, and showcases demo EV at Work Truck Week

Baua Electric

million and will be used for working capital toward product development and commercialization, in addition to “general corporate purposes.” Lastly, REE is showcasing its full-by-wire electric truck (seen above) at Work Truck Week in Indianapolis, Indiana. REE says the gross proceeds from the completed offering total roughly $14.95

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Ford, Chevy and Buick-GMC-Cadillac dealerships promote throughout 4 states

Baua Electric

Hunter’s spouse, Meghan Hunter, additionally was once a purchaser. Marion is in central Indiana, north of Indianapolis. Earlier than purchasing the dealership, Jed Hunter was once CEO of Allegiance Vans and in the past labored as COO for West Herr Car Workforce, consistent with his LinkedIn profile.

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Ener1 Receives Commitment for $65M Equity Investment; Negotiating with DOE on Low Interest ATVMP Loan

Green Car Congress

Zingarevich, for the purchase of common stock and warrants for $65 million. Ener1 Group will purchase 18,678,161 shares of common stock and 8 million warrants. Ener1, Inc., The investment is expected to close later this week. The new equity injection for Ener1, Inc. Earlier post.).

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

400 million in grants to purchase thousands of plug-in hybrid and all-electric vehicles for test demonstrations in several dozen locations; to deploy them and evaluate their performance; to install electric charging infrastructure; and to provide education and workforce training to support the transition to advanced electric transportation systems.

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RMI Launches Project Get Ready to Help Communities Prepare for Plug-ins

Green Car Congress

Community members in Portland, Oregon; Indianapolis, Indiana; and Raleigh, North Carolina soon expanding to the Triangle region have already agreed to work with RMI’s Project Get Ready. Corporate/city/state fleets commit to buy a certain number of plug-ins (RFPs for major purchases or conversions).

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The Day the U.S. TV Industry Died

Cars That Think

Those difficulties in the consumer area led to a corporate pretax loss of $28.9 Zenith has not officially confirmed that its television business is on the auction block, confining itself merely to the statement that it is examining “all options to restore corporate profitability to a satisfactory level.” Daewoo Corp.,