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Geely acquiring flying car startup Terrafugia

Green Car Congress

Zhejiang Geely Holding Group has entered into an agreement to acquire Terrafugia, a US-based company developing practical flying cars.Terrafugia was founded in 2006 by five MIT graduates; since then, the company has delivered a number of working prototypes. —Zhejiang Geely Holding Group Founder and Chairman Li Shufu.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

In late 2008, BYD started selling the first production PHEV in China. General Motors Chevy Volt series PHEV, which it calls "extended range electric vehicle" (EREV), part of "E-Flex" multi-fuel platform. Volvo Ford-owned company exploring PHEVs "ReCharge" flex-fuel series 60-mile concept PHEV w/wheel motors.

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

The as-of-yet unnamed truck will be offered in dual- or rear-motor configurations, with output ranging up to 600 horsepower and 550 pound-feet of torque. The X Prologue will be the first Toyota EV concept released outside China. – March 10, via Forbes. Image Source: Forbes/Toyota. – March 14, via MotorAuthority.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

" In other words, General Motors is going to lose its shirt until the Volt establishes itself in the marketplace. General Motors has sought $10.3 One wonders if the recent headway at MIT in building lithium ion cells using ?virus? Wired Home Subscribe Sections Cars 2.0 "The Volt is a case study.

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