It may not sound as exciting as a battery fire or a new electric race car, but this week’s news could be critically important for the Korean battery market. The Korea Times reported that SK Innovation has won a patent lawsuit against LG Chem, the world’s biggest player in batteries. Last December, LG filed a lawsuit alleging… Read more »
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Fisker switches CEOs: LaSorda out, Posawatz in
Fisker Automotive has named Tony Posawatz its new CEO and President. He replaces Tom LaSorda, who took the job only in February.
Audi’s R8 e-tron will have digital rear-view mirror, no rear window
Rear-view mirrors could soon go the way of hand-cranked windows, push-button radios and cigarette lighters. Audi plans to use a digital rear-view mirror in its R8 e-tron, which is due to go into small-scale production at the end of this year. This model has no rear window, and hence no conventional rear-view mirror. A color… Read more »
Azure Dynamics agrees to sell its patents
Azure Dynamics Corporation announced this week that it has entered into an agreement to sell its portfolio of patents and related rights and assets to a third party, which would seem to end speculation that the company might emerge from bankruptcy. Canada-based Azure, in partnership with Ford, developed an electric version of the popular… Read more »
A123 Systems saved by the Chinese
Wanxiang Group will provide a bridge loan of $75 million or so, and eventually invest up to $450 million in A123, which would give it an ownership stake of about 80% in the company.
July US plug-in sales: Chevy Volt handily in the lead
GM sold 1,849 Volts in July, bringing the year-to-date total to 10,666, and total US sales since launch to 18,663.
Despite record sales, the Volt still makes the right wing see red
A GM exec famously noted that the Volt had become a political football. However, the endless back-and-forth in the media about Chevy’s plug-in seems more like a long and drawn-out tennis match. In 2011, a volley of anti-Volt columns and cartoons came from the right side of the court, as the fact that some Volt… Read more »
VIDEO: Via Motors VTRUX roll into Jay Leno’s Garage
Bob Lutz, “one of the great car guys of all time,” showed up at Jay Leno’s Garage this week, and he brought some cool toys to play with (they’d have to be pretty darn cool to impress Leno) – VIA Motors’ electrified full-size van, SUV and crew cab pickup truck. Ex-Marine Bob Lutz… Read more »
Indian government plans large investments to promote EVs and hybrids
Zee News reported that the Indian government plans to invest 13,000 crore rupees (about $2.4 billion) over a period of eight years to promote electric and hybrid vehicles in the country. The Ministry of Heavy Industries and Public Enterprises is drafting a National Mission for Hybrid and Electric Vehicles (NMHEV) in consultation with various automakers,… Read more »
Auto sales soaring, Volt remains by far the best-selling plug-in
Cars are cool again – last month’s US auto sales were up 22% compared to June 2011. Inexplicably, the majority of sales are still old-fashioned gas burners, but plug-in vehicles are coming on strong. It’s becoming clear that buyers are favoring PHEVs over pure EVs. June’s big winner is the Chevrolet Volt – it was… Read more »