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BMW i Ventures makes strategic investment in electric bus company Proterra; part of $55M round

Green Car Congress

Electric bus manufacturer Proterra has closed a $55-million Series 6 round, on the heels of an oversubscribed $140-million Series 5 in January. Currently, the company has sold more than 400 vehicles to cities and communities in the US, including Seattle, Dallas, Nashville, San Jose, Philadelphia and Reno.

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Koreas CTT To Manufacture Electric Vehicles in US

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The e-Zone Electric Vehicle (EV) is a Low Speed Vehicle (LSV) that passes international crash test standards and will be one of the vehicle types CT&T will produce for the US market. Company officials are considering potential sites in South Carolina, Georgia, North Carolina, Alabama and California.

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Pike forecasts growth for wireless charging for plug-in vehicles, but tied to overall growth of plug-in market

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Separately, Evatran just announced that the City of Sacramento has joined its Apollo Trial Program to test wireless charging technology on its own electric vehicles (EVs). —“Wireless Charging Systems for Electric Vehicles”. Evatran plans to have over twenty installations as part of the Apollo Trial Program.

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FPL Group and Duke Energy Pledge 10-year, $600M+ Commitment to Transition Fleets to PHEVs and EVs

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and Duke Energy last week announced a 10-year commitment to transition their company cars and trucks to plug-in hybrid or all-electric vehicles. The joint commitment represents more than 10,000 vehicles and potential revenues of at least $600 million for manufacturers who can produce viable plug-in electric vehicles.

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DOE awarding $6M to 11 projects to accelerate alternative fuel vehicle market growth

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The US Department of Energy (DOE) is awarding $6 million to 11 projects aimed at improving potential buyers’ experiences with alternative fuel and plug-in electric vehicles, supporting training, and integrating alternative fuels into emergency planning. West Virginia University Research Corporation. ASG Renaissance.

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USDOT awarding $55M to support purchase of Low-No buses; electric buses and infrastructure

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Transitioning the fleet to all electric will eliminate emissions from diesel buses and emissions from shipping diesel fuel by barge 900 miles from Seattle. Alabama A&M University. Alabama A&M University’s Bulldog Transit System will receive funding to purchase electric buses, charging stations, and other associated equipment.

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ARPA-E Selects 37 Projects for $106M in Funding in Second Round; Electrofuels, Better Batteries and Carbon Capture

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The second round was focused specifically on three areas of technology representing new approaches for advanced microbial biofuels (electrofuels); much higher capacity and less expensive batteries for electric vehicles; and carbon capture. Electrofuels: Biofuels from Electricity. NC State University. of South Carolina).

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