Forbes reaffirmed its optimistic outlook for Tesla Motors’ stock, while noting three major risks that could put the brakes on the bull.
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Owners of cooked Karma plan to invest in Fisker
Rudy Burger, a partner at a Silicon Valley investment bank, doesn’t seem daunted by Fisker’s setbacks. The owner of the Karma sedan that caught fire on August 10, he intends to invest in the company.
GM builds prototype battery cells in China
General Motors has announced that it is fabricating and testing prototype battery cells and systems at its Advanced Technical Center in Shanghai.
Find your niche: Balqon Corporation targets short haul drayage tractors
Electric vehicles (EVs) have their partisans and detractors. Supporters see the be-all and end-all transportation solution, while opponents argue the technology is too young. Somewhere between the two extremes lies the truth: today’s commercially available EVs have strengths and weaknesses compared to internal combustion engine (ICEs). The strong points include lower operating costs and lack… Read more »
Pundits and CEO agree: it’s do or die time for Tesla
CEO Elon Musk, usually a relentless optimist, admitted to the huge hurdles ahead when he spoke at the National Clean Energy Summit last week in Las Vegas.
ARPA-E awards $43 million to 19 energy storage projects
The DOE’s Advanced Research Projects Agency-Energy (ARPA-E) has selected 19 new projects that will receive a total of $43 million to develop new energy storage technologies. The projects are supported through two new ARPA-E programs – Advanced Management and Protection of Energy Storage Devices (AMPED) and Small Business Innovation Research (SBIR) – and will focus… 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 »
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.
Colorado relaxes regulations to encourage EV entrepreneurs
The state of Colorado has passed a new law that will allow anybody – not just utilities – to resell electricity.
New York State awards $4.4 million to build 325 public charging stations
The project is supported by the New York State Energy Research and Development Authority (NYSERDA) and the US DOE.