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Li-ion maker Boston-Power adds $30M in funding; China expansion

Green Car Congress

Long-standing Boston-Power investors Oak Investment Partners and Foundation Asset Management (FAM) also participated. '.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. Volt manufacturing capacity will rise from 10K in 2011 to about 65K in 2012.

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Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

Green Car Congress

The Chinese government is putting incentives in place to have the market grow. In September 2011, Boston-Power announced $125 million in funding from a combination of private equity investment and support from China. Multiple redundant safety features including CIDs, redundant vents, aluminum can. Earlier post.). Earlier post.)

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ZAP, Zhejiang Jonway Partner to Target China and Export EV Markets

Green Car Congress

ZAP hopes to leverage a stimulus from the government for plug-in forms of transportation. The Chinese State Council General Office announced that it intends to raise its annual production capacity to 500,000 all-electric cars, hybrids and buses by the end of 2011.

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When Will EVs Hit Primetime?

Revenge of the Electric Car

Bob Lutz, the outgoing vice chairman of GM, has said the company will produce about 8,000 Chevy Volts in 2011. Still, Chinese auto-makers hesitate to mass-market their electric models domestically. Chinese green-car subsidies on hold. Total cars initially available: 4,700. Other automakers are also proceeding cautiously.

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Bob Lutz’s Latest Volt Test Drive Sprinting for Green Stimulus Dollars New Subsidies for Electric Cars in Britain Electric Car Makers: Oregon Wants You G.M. in chinese ?, And thats not even the half of it, can anyone say …GODZILLA ,,,its GODZILLA!

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