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A123Systems Raises $69 Million in New Round of Private Financing; GE Increases Ownership to More than 10%, Director of GE Global Research to Join Board

Green Car Congress

GE Energy Financial Services and GE Capital’s Equity unit provided $15 million of the amount raised by A123 in this financing. In addition to the private capital, A123 is seeking funds under federal and state stimulus and other programs to ramp up its production capabilities in Michigan. Earlier post.)

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Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

Gallery: Chrysler EV USPS mini-van [Source: Chrysler] PRESS RELEASE: Chrysler Celebrates Earth Day by Revealing All-new Electric Minivan Concepts to U.S. Our ENVI electric minivan concepts illustrate Chryslers innovation with electric vehicle technology and show what the future could hold." Postal Service.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. The E6 will hit the Chinese market later this year.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

In Italy, data from the Italian Foreign Car Maker Association highlights that car registration for gas and diesel-powered vehicles fell by 97.5% last month, but battery electric vehicle sales decreased by only 58.1%. The post Can Electric Vehicles Speed Up As The Economy Slows Down? appeared first on EVOLVE.

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