article thumbnail

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 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-Drive 120b Power-System.

article thumbnail

Following the Money in the Air-Taxi Craze

Cars That Think

Having raked in perhaps 30 percent of all the money invested in electrically-powered vertical takeoff and landing (eVTOL) aircraft so far, Joby is the colossus in an emerging class of startups working on these radical, battery-powered commercial flyers. With Joby and its $1.85

Taxi 98
article thumbnail

Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

the only companyselling hydrogen-powered cars to U.S. policy shifts to favor battery-powered autos. Policy (Update2) Share | Email | Print | A A A By Alan Ohnsman April 27 (Bloomberg) -- Honda Motor Co. , drivers, may also developplug-in electric models as U.S. We will have packages that will be verycompetitive at that time.”

Obama 53
article thumbnail

More details about California’s proposal requiring bidirectional charging capabilities for all EVs

Charged EVs

I think we have 22 or 24 buses in the San Diego area, and we have another deployment underway in the Los Angeles Unified School District, where we are initially deploying 24 as well. This year, we now have close to one megawatt of capacity across three different school districts.

Charging 132
article thumbnail

US DOT Awards $100M in Recovery Act Funds to 43 Transit Projects to Reduce Energy Consumption and Greenhouse Gas Emissions

Green Car Congress

Photovoltaic Modules on Transit Maintenance Facility: Add photovoltaic (PV) modules to the Transit Maintenance Facility (TMF) to generate electricity to offset the electric power consumed at the TMF site. Los Angeles County Metropolitan Transportation Authority, California: $4,466,000. Link Transit, Washington: $2,925,000.

Emissions 256
article thumbnail

2010 Aptera 2e First Drive and Video on Inside Line

Tony Karrer Delicious EVdriven

Featured Specs Battery-powered electric drivetrain Three wheels; 0.15 The company so far has been operating on just $30 million in start-up financing. Cd 1,700 pounds 100-mile cruising range Driving the Prototype of the EV Three-Wheeler By John ODell, Senior Editor Email Date posted: 2009-03-16 21:00:00.0 STORY TOOLS Digg this!

Aptera 64
article thumbnail

Xerox Parc’s Engineers on How They Invented the Future—and How Xerox Lost It

Cars That Think

But Goldman was unable to convince the executive to whom Xerox’s Electro-Optical Systems division reported (whose background was accounting and finance) to allow a bid. One of the first times Superpaint was seen by a wide audience was in a public television show, “Supervisions,” produced by station KCET in Los Angeles. “It

Future 145