The project aims to advance the development of aluminum heat exchangers and improve battery performance in low temperatures.
Search Results Found For: "Lion Electric"
President Obama proposes innovation institutes to target high-tech manufacturing
As it becomes clearer that the economy of the future is not so much a post-industrial economy as a high-tech manufacturing economy, US manufacturers have added about 500,000 jobs over the past three years. In order to “build on this momentum with a comprehensive agenda to invest in American manufacturing,” the Obama Administration has announced… Read more »
Tesla hits it out of the park, reports first-ever quarterly profit
Those who follow the markets know that earnings reports – good or bad – tend to trigger big moves in a stock price only when they are surprises. No one knows this better than master showman Elon Musk, so in a way it was no surprise that the size of Tesla’s first-ever quarterly profit, announced… Read more »
Tesla cleans up on California ZEV credits
California’s system of Zero Emission Vehicle credits appears to be working precisely as intended, according to the Los Angeles Times. The state’s Air Resources Board has mandated that 15% of new-car sales in 2025 consist of ZEVs, but the system allows companies that aren’t selling enough clean cars to meet the mandate to purchase credits… Read more »
CODA files for bankruptcy
It’s a sad story, but not a surprising one. Los Angeles-based electric car maker CODA Holdings has filed for Chapter 11 bankruptcy, saying that it hopes to reinvent itself in the energy storage field. “After concluding a comprehensive review of our strategic options, the Board of Directors, management team and senior lending group have concluded… Read more »
Mr Fisker goes to Washington
There were few surprises at Thursday’s House hearing on failing carmaker Fisker Automotive. The title of the hearing, Green Energy Oversight: Examining the Department of Energy’s Bad Bet on Fisker Automotive, made it clear up front that Fisker and its DOE champions were in for a roasting. Five witnesses testified, including company co-founder Henrik Fisker,… Read more »
LG Chem says US battery plant will begin production in late 2013
South Korea’s LG Chem plans to start production at its US car battery factory in the second half of this year, two executives told Automotive News. The Holland, Michigan manufacturing plant drew some unpleasant publicity in February, when a DOE investigation found that the production line at the plant was idle, but workers were being… Read more »
Sarah Palin flays Fisker (well, okay) and trashes Tesla (what???)
It’s no surprise that the media has been having a field day with the story of Fisker Automotive’s apparently terminal troubles. “Pissing away taxpayer money on useless boondoggles” was one of the more charitable descriptions of the situation to be found over on the rightward side of the dial. Even more neutral observers noted the… Read more »
China to resume EV subsidies
China will reinstate subsidies for electric car buyers as early as next month, Wang Chuanfu, the CEO of automaker BYD, told Reuters.
Long Beach Transit votes to buy BYD buses, Proterra protests
After several delays and much controversy, the Long Beach Transit Board voted on Monday to award a $12.1 million contract to purchase 10 electric buses to a US subsidiary of the Chinese firm BYD. The contract is funded mainly by the federal government’s Transit Investment for Greenhouse Gas and Energy Reduction (TIGGER) program, one of… Read more »
