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Opposed-piston engine company Achates Power raises $35.2M in Series C Financing; new industry advisory board

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The company also announced the formation of a new Industry Advisory Board, and its selection as a semi-finalist in the Securing America’s Future Energy (SAFE) Energy Security Prize. The Series C financing follows a $19-million Series B round in 2009 and brings the total raised by Achates Power to nearly $90 million since its 2004 founding.

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Toyota Industries Corp. Develops Solar Charging Station for EVs and PHEVs

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Toyota Industries’ solar charging station. Toyota Industries Corp (TIC) has developed a solar charging station for plug-in hybrid vehicles (PHVs) and electric vehicles (EVs). Toyota Industries recharger on a stand. TIC launched its current EVSE stands in July 2009. Click to enlarge. Click to enlarge. Earlier post.).

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Looking to get in a hybrid for cheap? Used Toyota Prius 1.5 HSD 2004-2009 Review

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Used Priuses, especially the Generation 2 that were made from 2004 to 2009 are becoming a bargain to buy, especially for the MPG and features you get in return. There is no need for a starter motor nor clutch in Toyota’s hybrid system. During reversing, the Prius is powered only by the electric motor. How did it all start?

2004 409
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DSM Introduces Bio-based Performance Materials for Automotive Industry

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a global Life Sciences and Materials Sciences company headquartered in the Netherlands, introduced two bio-based performance materials for the automotive industry. Industry testing has proven that DSM has been able to achieve this high renewable content without making any sacrifice to product performance or production speeds.

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CRC study finds some adverse results from use of mid-level ethanol blends in MY 2001-2009 engines; DOE and ethanol industry say study significantly flawed

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The Sustaining Members of CRC are the American Petroleum Institute (API) and a group of automobile manufacturer members (Chrysler, Ford, General Motors, Honda, Mitsubishi, Nissan, Toyota, and Volkswagen). million of research sponsored by the auto and oil industries, and $40 million of testing sponsored by the federal government.

2001 199
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Hyundai Motor Group to invest €80M in Rimac; collaborating on high-performance EV and FCEV prototypes by 2020

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Hyundai Motor Group and Rimac Automobili (Rimac) announced a strategic partnership aimed to strengthen the Group’s efforts to lead the high-performance electrified vehicle market and enhance its status as a game changer in Clean Mobility. —Euisun Chung, Executive Vice Chairman of Hyundai Motor Group.

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Report: Fuji Heavy Industries may suspend production of Stella EV with end of minivehicle production

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Kyodo News reports that Fuji Heavy Industries may suspend production of its electric minivehicle, the Stella EV ( earlier post ). Fuji Heavy began selling the plug-in Stella electric vehicle to corporate customers and local governments in July 2009 with a sales target of 400 units by the end of March 2011.