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 »
Search Results Found For: "Lion Electric"
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 »
New report: Solid-state batteries will rule by 2030, driven by consumer electronics
A report from technology advisory firm Lux Research predicts that new battery technologies will become strong competitors with existing lithium-ion technology by 2020, and that solid-state batteries will surpass Li-ion by 2030. However, consumer electronics, not electric vehicles, will be the market driving the advances. “While much of the motivation for next-generation batteries – whether… Read more »
President Obama pushes research into EVs and other advanced transportation technologies
In a speech at the Argonne National Laboratory, President Obama proposed a new Energy Security Trust Fund to invest in research into post-petroleum transportation technologies, including electric vehicles. The plan sets aside $2 billion over 10 years from royalty revenues paid to the federal government by oil and gas producers. The government collects more than… Read more »
Its not just EVs that are selling slowly in Europe
Many of us have been puzzled about the fact that plug-in sales are taking off more slowly in Europe than in the US, given the continent’s compact cities, high fuel prices and tradition of greenery. However, looking at 2012’s auto sales figures may provide a simple explanation. While the US auto industry had a spectacular… Read more »
China Racing becomes second Formula E team
The FIA’s new Formula E electric racing series is picking up speed. China Racing has been officially proposed as the second of ten teams that will compete in the zero-emissions championship, which launches next year (UK team Drayson Racing was the first team to sign up, in January). The announcement was made this week at… Read more »
