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A123Systems Raises $69 Million in New Round of Private Financing; GE Increases Ownership to More than 10%, Director of GE Global Research to Join Board

Green Car Congress

GE Energy Financial Services and GE Capital’s Equity unit provided $15 million of the amount raised by A123 in this financing. In addition to the private capital, A123 is seeking funds under federal and state stimulus and other programs to ramp up its production capabilities in Michigan. Earlier post.) Earlier post.)

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PwC industry survey provides check-up on determining factors for EV success

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Global hybrid + EV assembly forecast. More than 200 participants from the automotive, utilities, energy, technology, government, finance, education and other sectors provided their feedback for the effort. The survey addresses a range of topics relevant to the success of plug-in electric drive vehicles, including product design (i.e.,

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MassCEC Approves $5M Forgivable Loan for A123 Systems; Targeted at Expansion for Grid Storage Systems

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Under the terms of the MassCEC financing, A123 will double its Massachusetts employment to more than 500 by 2014. The company anticipates making $80 million in capital expenditures in Massachusetts to build up its manufacturing and R&D capabilities there by the end of 2014.

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Ener1 Outlines Automotive Programs Underway for Li-ion Packs

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As part of its report on fourth quarter and year-end 2008 results, Ener1 outlined its EnerDel unit’s customer programs underway for its lithium-ion battery technology in applications spanning hybrids, plug-in hybrids (PHEVs) and full electric vehicles. million was financed through capital leases. million in 2007.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Still, the company will respond to a push by theObama administration for carmakers to sell plug-ins, he said. “We We are thinking about plug-in hybrids, but we aren’tthinking about commercializing one right away,” Fukui said. in Japan’s Kyoto prefecture to make packsfor gasoline-electric hybrid cars. General Motors Corp.,

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Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

Subscribe Green News Events Manufacturers Region New Cars Used Cars Filed under: EV/Plug-in , Chrysler Chrysler unveils new electric minivan for the US Postal Service by Sam Abuelsamid on Apr 22nd 2009 at 10:05AM Chrysler U.S. Apr 22, 2009 - Chrysler invented the minivan 25 years ago.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

High-Speed Rail Unlocks Intermodal Potential Texas Excess Ford Expands Hybrid Success to Electric Vehicles ► March (17) Carbon Capture and Storage: To Be or Not To Be? People-Oriented Development Current Status of REDD Financing the Fifth Fuel Peak Phosphorus - Commence Urine Recyling on Space. Here we go again.or

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