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GM Ventures invests in battery-electric bus company Proterra

Green Car Congress

General Motors Ventures LLC will invest $6 million in Proterra Inc., GM Ventures is part of an investment group, led by venture capital firm Kleiner Perkins Caufield & Byers, that will invest a total of $30 million in the bus manufacturer. Comparing fuel costs and fuel efficiency. Source: GM. Click to enlarge. later this year.

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Toyota to Exit NUMMI in March 2010

Green Car Congress

Toyota Motor announced it will end its Corolla and Tacoma production contract with New United Motor Manufacturing, Inc. NUMMI) on 31 March 2010 and shift production of those vehicles to Toyota wholly-owned facilities. To that end, we will consider moving additional Corolla production back to North America over time.

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