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

Green Car Congress

recently closed initial private placement equity financing for total gross proceeds of approximately US$42 million. SEA-Drive 120b Power-System. SEA Electric Holdings Pty Ltd.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

This progress includes advanced internal combustion engines; efficient transmissions; lightweight materials; and hybrid and other energy-saving technologies. Energy-saving and new energy vehicles have become the development direction of the international automobile industry. Electric drive system power density of 2.5

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

Green Car Congress

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. The latest funding has lifted the overall financing beyond $1 billion since the start of the company in 2007.

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Ford Starts EV Test Drives

Revenge of the Electric Car

company prepares to introduce battery-powered models as early as next year. company prepares to introduce battery-powered models as early as next year. The company is already trying out battery-powered vehicles in London, Meier said. “Ford Motor Co. 4 as the U.S. 28 (Bloomberg) — Ford Motor Co.

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XL Fleet and eNow partner to electrify refrigerated trailers

Green Car Congress

announced a battery and power electronics development and supply agreement and an investment in eNow, Inc., a provider of solar and battery power systems that enable fully-electric Transport Refrigeration Units (eTRUs) for Class 8 commercial trailers. XL Fleet Corp.

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Scania and Asko testing hydrogen fuel cell trucks

Green Car Congress

The research project is partly financed by the Norwegian government. Scania will supply three-axle distribution trucks with a gross weight of 27 tonnes, in which the internal combustion engine in the powertrain will be replaced by an electric engine powered by electricity from fuel cells and hydrogen gas on board the vehicle.

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Enter the Russians

Revenge of the Electric Car

They said Prokhorov was ready to provide project financing for two years. They said the target price for the car would be around 8,800 euros and it would be a pure electric vehicle as opposed to a hybrid, which runs on both a conventional engine and battery-powered electricity.&#. Tags: International Projects Russia.

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