article thumbnail

Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

Green Car Congress

Fisker Automotive published its first business update, announcing that revenues had exceeded $100 million in the first four months of 2012. In the first few months of 2012, Fisker has continued to raise private equity investment to fund its expansion plans, securing $174 million of additional private financing since the start of the year.

Fisker 277
article thumbnail

Electric commercial vehicle company SEA Electric raises $42M; partnership with Exro

Green Car Congress

SEA Electric was founded in Australia in 2012, with a proprietary electric power-system technology (known as SEA-Drive) for the world’s urban delivery and distribution fleets. SEA Ford F-59 EV with SEA-Drive 120b.

article thumbnail

smart electric drive goes on sale in China

Green Car Congress

The new generation smart electric drive has been available in Europe, the USA, Canada and Japan since production began in 2012. In Germany the electric smart quickly became the number one battery-powered electric vehicle, securing a market share of around 40%. Top speed is 125 km/h (78 mph).

China 239
article thumbnail

Opel says Ampera was Europe’s best-selling passenger electric-drive vehicle in May

Green Car Congress

The extended-range electric vehicle Ampera is Europe’s Nº1 passenger electric-drive vehicle with more than 20% market share, according to Opel sales figures from May 2012. A 16 kWh lithium ion battery powers the 111kW/150 hp electric motor of the Ampera. —Enno Fuchs, Opel’s e-mobility launch director.

article thumbnail

Audi and partner FAW to cooperate on plug-in hybrid for China; Audi A6 e-tron on long-wheelbase A6

Green Car Congress

The Audi A6 L e-tron concept presented at Auto China 2012 in Beijing. The full-size sedan will offer a 50-kilometer (31-mile) all-electric range when operating solely under battery power and is to be produced within the joint venture by FAW-Volkswagen in Changchun in northern China. Click to enlarge.

Audi 199
article thumbnail

EIA AEO2012 projects potential impacts of significant breakthroughs in battery technology

Green Car Congress

The US Energy Information Administration’s (EIA) Annual Energy Outlook 2012 (AEO2012) includes a High Technology Battery case that examines the potential impacts of significant breakthroughs in battery electric vehicle technology on the cost and price of all types of battery powered electric vehicles.

Battery 240
article thumbnail

Volkswagen invests $100M in QuantumScape to secure access to solid-state battery technology; new JV; production by 2025

Green Car Congress

The Volkswagen Group is increasing its stake in solid-state energy company QuantumScape Corporation ( earlier post ) and forming a new joint venture with the intention of paving the way for the next level of battery power for long-range e-mobility. Closing of the transaction is subject to regulatory approval.

Battery 191