The company celebrated some good financial news, as it notified the holders of senior convertible notes that it has satisfied conditions for the release of $30 million of restricted cash.
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Indian government plans large investments to promote EVs and hybrids
Zee News reported that the Indian government plans to invest 13,000 crore rupees (about $2.4 billion) over a period of eight years to promote electric and hybrid vehicles in the country. The Ministry of Heavy Industries and Public Enterprises is drafting a National Mission for Hybrid and Electric Vehicles (NMHEV) in consultation with various automakers,… Read more »
A123 Systems returns from death’s door with breakthrough new battery technology
A123 Systems (Nasdaq:AONE) showed once again why, in a business dominated by much larger firms, it’s a contender that can’t be counted out. Just days after the company conceded that its ability to continue operations was in doubt, it announced a new lithium ion battery technology called Nanophosphate EXT, and its stock price instantly accelerated… Read more »
Call for Articles – Charged EVs Magazine
CALL FOR ARTICLES How to get published in Charged What we're looking for: Are you in the EV industry? We’re seeking research findings, lessons learned, technical concepts explained, industry insights, and innovative new products from all corners of the EV industry – vehicles, motors, power electronics, components, batteries, ultra-caps, lithium & rare earth metals, EVSE, fleet management,… Read more »
Slot cars on steroids: the birth of electric motorsport
The prospect of zero emission, near-silent race cars has set moustaches twitching throughout the motorsport fraternity. Many see it as heresy, while the enlightened few realize that we have a golden opportunity to inject some new life into a hundred-year-old sport. Doug Peck, editor at emotorsportnews.com, explains why the future of racing runs on… Read more »
The fleet footed survive: VIA Motors electrifies trucks, vans and SUVs
On the strength of a shrewd business plan and ties to GM, VIA Motors plans to jump-start the electric transition through the back door of America’s service vehicles. Its E-REV pickup trucks and vans prove that you can have your fuel efficiency and costs savings, too. Everyone should want an EV. They’re more efficient than… Read more »
What about economic sustainability? Will electric vehicles ever be profitable?
The problem is that electric vehicle technology is fairly new; causing a great deal of engineering effort that comes at a high cost.
Slow charge: the evolving EV market
At this year’s New York International Auto Show, the central story was that even mainstream cars and SUVs are getting stellar fuel economy.
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.
Electric racing bikes set to shine at the 2012 Isle of Man TT
This year’s SES TT Zero electric bike challenge, run as part of the historic Isle of Man TT race meeting, will see the highest number of entries in the event’s four year history. Eighteen competitors have confirmed their entries and will be aiming to become the first to beat the 100 mph average lap speed… Read more »
