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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Electric grids require balance in order to function properly. Energy storage on the grid is reaching a turning point. Earlier post.).

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

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Startup electric car company Aurica Motors announced a plan to keep the NUMMI plant, which employs 4,700 people, from shutting down when Toyota leaves on 31 March. Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing.

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Odyne Systems delivers 7 plug-in hybrid work trucks through the Wisconsin Clean Transportation Program

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Odyne’s hybrid technology combines electric power conversion, power control and energy storage technology with Remy electric propulsion motors, modular Johnson Controls lithium-ion battery systems and other automotive-quality components. The trucks are used for construction and maintenance of the Marshfield utility grid.

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Chrysler Unveils Four All-Electric Minivan Prototypes to USPS; Applying for Grant for Nationwide Demo

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Chrysler unveiled four all-electric Chrysler Town & Country minivan concepts to the US Postal Service (USPS) in Washington, DC, as part of the USPS Earth Day celebration. One of the electric mini-van prototypes. These electric minivan concepts are targeted specifically for use by the US Postal Service for mail delivery.

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ABB invests $10M in ECOtality

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Net proceeds of the $10 million equity investment from ABB will be utilized by ECOtality as working capital to support the continuing requirements of the EV Project and will provide the Company with necessary funding to meet its anticipated expansion as a leader in electric vehicle (EV) charging infrastructure.

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EnerDel Plans to Invest $237M in New Indiana Lithium-Ion Battery Plant

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Lithium-ion battery manufacturer EnerDel will invest $237 million in a new manufacturing plant near its Indianapolis headquarters in order to meet anticipated demand for advanced battery systems used in both automotive and stationary smart grid applications. The Indiana plant will be financed through a $118.5 Earlier post.)

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PwC industry survey provides check-up on determining factors for EV success

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PwC has released the first edition of the “Charging Forward: Electric Vehicle Survey”, which it developed to provide a check-up on some of the major determining factors for the success of EVs in the near-, mid- and long-term. Global hybrid + EV assembly forecast. Source: PwC. Click to enlarge. —Charging Forward.