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Hercules EV opens $20M Series A round; targeting electric pickup in late 2022; Prieto solid-state batteries

Green Car Congress

Hercules Electric Vehicles—a Detroit-based startup—is opening a $20-million Series A investment round managed by CMD Global Partners, a boutique investment bank. Hercules is developing an all-electric sport pickup truck, the Hercules Alpha, which will be available in late 2022.

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Volvo to unveil XC60 gasoline-electric Plug-in Hybrid Concept at Detroit show; system targeted for US and China markets

Green Car Congress

At the 2012 North American International Auto Show in Detroit, Volvo Car Corporation will unveil the Volvo XC60 gasoline-electric Plug-in Hybrid Concept. It is supplied with power from a 12 kWh lithium-ion battery pack installed under the floor of the load compartment. Recharging time varies with the current.

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Ford begins production of 2012 Focus Electric at Michigan Assembly, C-MAX models on deck

Green Car Congress

The 19 launch markets also include Atlanta; Austin and Houston, Texas; Boston; Chicago; Denver; Detroit; Los Angeles; San Francisco; San Diego; New York; Orlando, Fla.; The C-MAX Hybrid and C-MAX Energi use the company’s next-generation powersplit hybrid technology in combination with a lighter, smaller lithium-ion battery system.

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Two Transit Connect Electric Vans entering service at DTE

Green Car Congress

Detroit Edison (DTE) President and Chief Operating Officer, Steven Kurmas, presented two out of four recently-purchased Ford Transit Connect Electric vehicles ( earlier post ) at DTE Energy headquarters in downtown Detroit. The vehicles were purchased from Suburban Ford of Sterling Heights, Mich.,

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Schaeffler preparing 48V mild hybrid Audi TT for road testing

Green Car Congress

The 48 V on-board electric subsystem uses a lithium-ion battery as its energy store. When braking, the electric machines act as a generator and recharge the lithium-ion battery. Schaeffler is now applying 48V hybridization to an Audi TT.

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GM Will Produce Cadillac Converj EREV

Green Car Congress

Detroit News. The Detroit News previously reported it had received board approval for production. The Detroit News previously reported it had received board approval for production. Earlier post.). Cadillac included the Converj concept car at the 2009 North American International Auto Show. Earlier post.). Earlier post.).

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GM’s Volt Program = $700m

Revenge of the Electric Car

GM to invest $700m in Volt rechargeable electric car. By Richard Kessler for Recharge News. “GM is spending $336m to upgrade the Hamtramck plant; $202m for a new plant in Flint, north of Detroit, that will build 1.4 GM to invest $700m in Volt rechargeable electric car. Related Stories.

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