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

Green Car Congress

The EVer (Electric Vehicle extended range) powertrain of the Fisker Karma. Fisker Automotive published its first business update, announcing that revenues had exceeded $100 million in the first four months of 2012. 2012 Fisker Karma. Click to enlarge. —Tom LaSorda, CEO of Fisker Automotive. Click to enlarge.

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EVs will drive long-term electricity cost down, studies suggest

Baua Electric

EVs could help drive down electricity rates by better-utilizing grid infrastructure, according to three recent studies summarized by the American Council for an Energy-Efficient Economy (ACEEE), an energy-policy advocacy organization. increase to a 1% decrease in electricity rates over 20 years. 2023 by Synapse Energy Economics.

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Bosch sees future requiring multiple powertrain technologies; the larger the vehicle, the more the electrification

Green Car Congress

At the company’s 61 st Automotive Press Briefing in Boxberg, Germany, Bosch senior executives outlined the company’s view on the general future of automotive technology—“ efficient and increasingly electrical ”, and provided a thumbnail of the way they see—and thus are developing products for—sector-specific technology trends.

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Lightning Eyes 10-Minute Charging for its Motorbikes

Cars That Think

In 2011, the company’s LS-218 SuperBike set a landspeed record for production electric motorcycles at the Bonneville Salt Flats in Utah, with a 347.55 That time isn’t much longer than a gasoline fill-up, especially for motorcyclists who don’t mind some stretching and recovery after hours in the saddle. kilometer-per-hour (215.91

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Volkswagen Group to invest more than €62 billion up to 2016; largest-yet investment package for new models, advanced technologies and production facilities

Green Car Congress

The ratio of capital expenditure to sales revenue will be at a competitive level of around 6% on average in the period from 2012 to 2016. In particular, the Group will continue to press ahead with the development of hybrid and electric engines. billion) in new production facilities and products in the period from 2012 to 2016.

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Porsche 919 Hybrid LMP1 Le Mans prototype makes its debut at Geneva Show

Green Car Congress

Porsche 919 Hybrid. The Porsche 919 Hybrid LMP1 Le Mans prototype made its premiere at the Geneva Motor Show. Porsche 919 Hybrid development began in the middle of 2011 on a blank sheet of paper. The 919 Hybrid is our fastest mobile research laboratory and the most complex race car that Porsche has ever built.

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Volkswagen presents status of fleet study in electromobility; latest generation of twïnDRIVE plug-in hybrid

Green Car Congress

Volkswagen, in cooperation with 6 project partners and the German Ministry of the Environment, presented in Berlin the current status of the “Fleet study in electric mobility” that was initiated in July 2008. The German federal government is targeting one million electric vehicles in Germany by 2020. Earlier post.) Earlier post.)

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