The company delivered a bundle of good news in its quarterly shareholder’s letter, released on Wednesday
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AeroVironment wins contract to supply fast-charge systems to Seattle-Tacoma Airport
According to AeroVironment, every large US hub, and many smaller airports, are now operating at least one of the company’s systems.
Hydro Québec launches experimental vehicle-to-grid and vehicle-to-home power exchange project
Hydro-Québec, an electric utility which gets most of its power from large hydroelectric plants and other renewable sources, sees electrified transport as a natural complement to its business. Its research division, IREQ, spends $100 million a year on research in various energy-related fields, and has been working on advanced batteries for 30 years. For its latest… Read more »
Nissan sells 1000 LEAFs in six months in EV-friendly Norway
This represents two percent of the country’s total car market, and makes the LEAF Norway’s ninth-best-selling passenger car.
NRG releases details of planned California EV charging network
The company will spend $50 million on 200 DC fast charging stations, $40 million for level 2 charging station infrastructure, and 9$ million on research and development.
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 »
VIDEO: Spyders attack as Porsche and BMW show off prototype plug-in roadsters
Fans of electrical high performance will salivate over this new video from Motor Trend’s Wide Open Throttle, which gives us sneak peeks at two screamingly speedy prototype PHEVs from Porsche and BMW. Apparently, Motor Trend believes their audience is behind the times, for narrator Paul Horrell feels compelled to tell us that Porsche’s 918 Spyder is… Read more »
Abu Dhabi firm sells stake in Tesla
Abu Dhabi National Energy, a mostly state-owned firm in the United Arab Emirates, announced this week that it is selling its seven-percent stake in Tesla Motors [Nasdaq:TSLA].
Tesla stock takes off after analyst raises rating
The fun started when Wunderlich Securities analyst Theodore O'Neill took a tour of Tesla's California headquarters factory on Friday.
NRG to build EV fast charging infrastructure in California
NRG Energy made a deal with the California Public Utilities Commission that calls for NRG to invest $100 million over the next four years to build a comprehensive EV charging network.