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California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

Green Car Congress

Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing. The PEP station concept is not compatible with the Better Place system. Aurica envisions a battery swap in 3 minutes or less.

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Ener1 Outlines Automotive Programs Underway for Li-ion Packs

Green Car Congress

Early design concept development program with a European automotive company. year financing under the Department of Energy’s (DOE) Advanced Technology Vehicle Manufacturing Incentive Program (ATVMIP). million was financed through capital leases. Ener1 has applied for $480 million in 10?-year Ener1 purchased $21.3

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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

Green Car Congress

Financing challenges. All of this makes for a very difficult time to get financing for a new facility. In the world of project finance, quality means management teams with strong track records, proven technologies, deep pockets and secure, long term agreements on the project’s inputs and outputs. Earlier post.). million dollars.

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Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

The vans themselves are based on the concept Town and Country EV that was unveiled last Fall by Chrysler. However, because of the duty cycle used by the Postal Service, which generally amounts to only about 18-20 miles per day on a fixed route, these vehicles are being built without the range extender seen on the concept.

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Rapid Charging Electric Cars: How Fast, How Soon?

Tony Karrer Delicious EVdriven

Written by Josie Garthwaite 9 Comments Posted March 31st, 2009 at 5:00 am in Automotive Before unveiling the concept version of its Model S sedan, an $57,400 electric car that Tesla Motors wants to build using loans from the Department of Energy, the startup said the Model S battery would be designed to handle rapid charging.