Remove Auto Industry Remove Group Remove International Remove MIT
article thumbnail

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.

Cars 244
article thumbnail

The Long View from SAE 2009 World Congress

Green Car Congress

the session counted among its panelists: Professor John Heywood, Sun Jae Professor of Mechanical Engineering and Director of the Sloan Auto Laboratory at MIT. Masdar plans to experiment with various car pooling strategies called “ group rapid transit ” that will give you a financial incentive to share PRTs during peak times.

2009 150
article thumbnail

Convincing Consumers To Buy EVs

Cars That Think

Perhaps, but getting the vast majority of 111 million US households who own one or more light duty internal combustion vehicles to switch to EVs is going to take time. The entry level F-150 XL with an internal combustion engine has risen in the past year from about $29,990 to $33,695 currently. Carlos Tavares, CEO of Stellantis.

Buy 85
article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Chicago Tribune ) DaimlerChrysler 12/22/06 [DaimlerChrysler Group research chief Thomas Weber] played down the importance for passenger cars of plug-in hybrid technology that is getting lots of attention in the U.S. But we want to give them cause to continue to press forward." ( MIT Technology Review ). Marketwatch ).

Plug-in 45
article thumbnail

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

EV Adoption

Unlike Kia’s other electric vehicles to date, the EV6 (which was called ‘CV’ while under development) isn’t based on an existing internal-combustion or hybrid model. The company declined to say where in the United States it is considering a new battery manufacturing plant. – March 11, via Reuters/Automotive News.

Kia 52