Search Results Found For: "Lion electric"

Hyundai to handle hybrids and hydrogen, Kia to cover cars with cords

Hyundai Motor Group has announced a record-high budget for 2012 that includes 5.1 trillion Korean won (about $4.4 billion) for R&D, of which the lion’s share will be for hybrids and EVs, according to Singapore news portal AsiaOne. Company spokespeople made it clear that eco-friendly cars will be its main focus in 2012. The giant… Read more »

Russians and Chinese team up to build world’s largest battery factory

Liotech, a joint venture between Russian state-owned firm Nanotechnologies (RUSNANO) and Chinese holding company Thunder Sky Limited, held an opening ceremony this week for what they claim is the world’s largest lithium-ion battery factory. The sprawling 40,000-square-meter plant near Novosibirsk was built in nine months – probably less time than it would take just to secure the building… Read more »

EV startup Aptera calls it a day

California-based car maker Aptera Motors, builders of the super-aerodynamic 2e EV, is pulling the plug, handing over the keys, gliding off into the sunset…and draining the battery (an important safety measure). CEO Paul Wilbur made the sad announcement on Friday. “After years of focused effort to bring our products to the market, Aptera Motors is… Read more »