Li-ion maker Boston-Power adds $30M in funding; China expansion
Green Car Congress
DECEMBER 22, 2011
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
JANUARY 1, 2011
Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. Click to enlarge.
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
AUGUST 8, 2012
In September 2011, Boston-Power announced $125 million in funding from a combination of private equity investment and support from China. Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives.
NYC Goes EV
Revenge of the Electric Car
APRIL 6, 2010
From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. Or No Cars?
Plug-in cars: Moving Forward
Plugs and Cars
JUNE 4, 2009
The federal consumer tax credit awaits major automaker cars that can claim them. Rulemaking will determine the extent to which this new regime will promote plug-in cars beyond the initial tens of thousands that seem slated to appear from the majors beginning with MY 2011. Will we get our money’s worth? It’s far from a slam dunk.
Congestion charge fund should be spent on public transport
Green Cars News
APRIL 17, 2009
In the recent fiscal stimulus 18 times more was spent on the VAT cut, than on bringing forward transport investment projects, which create jobs, boost the UK’s economic competitiveness and cut congestion. “A tough post-recession fiscal climate means central government transport grants are likely to dwindle post 2011.
Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain
Green Car Congress
MARCH 14, 2009
Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations. But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit.
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