Newswire

CODA gives up on DOE loan, forms partnership with Chinese automaker

CODA Automotive has signed a contract with Great Wall Motors to co-develop a new EV for the North American, Chinese, and European markets. CODA CEO Phil Murtaugh told the Detroit News that the new car will be “the most affordable EV on the market, comparable to entry-level internal combustion engine vehicles.” He added that the new car… Read more »

Daimler joint venture launches new EV brand in China

The partnership between Daimler and Chinese automaker BYD has launched a new brand called DENZA, which will produce what the Chinese call “New Energy Vehicles” – EVs and hybrids. The very first DENZA, a concept EV, is now on display at Auto China 2012 in Beijing. Shenzhen BYD Daimler New Technology (BDNT) has provided copious… Read more »

Electric racing bikes set to shine at the 2012 Isle of Man TT

This year’s SES TT Zero electric bike challenge, run as part of the historic Isle of Man TT race meeting, will see the highest number of entries in the event’s four year history. Eighteen competitors have confirmed their entries and will be aiming to become the first to beat the 100 mph average lap speed… Read more »