Wireless charging pioneer WiTricity has secured $25 million in Series E financing from new and existing investors, including Intel Capital and Hon Hai/Foxconn, bringing the company’s total funding to $45 million. The new cash will support the company’s growth strategy as it develops products for wireless charging in the consumer electronics, EV, defense and medical… Read more »
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Nissan: Get a fast charger installed fast, get some fast cash
Nissan is redoubling its efforts to expand the US network of DC fast charging stations with a generous new incentive program. Nissan’s EV Advantage program offers $10,000 to businesses or other groups that deploy CHAdeMO-compatible public charging stations, with an additional bonus of $5,000 if the station is up and running by the end of… Read more »
Tesla leads in sales of California ZEV credits
To no one’s surprise, the California Air Resources Board (ARB) has announced that Tesla has sold by far the largest number of zero-emission vehicle (ZEV) credits of any automaker for the last 12 months. The California ZEV Regulation requires vehicle manufacturers to produce low-emission vehicles, including a certain number of ZEVs (battery electric or fuel… Read more »
Plug-in sales settle back in September
After setting a new monthly record (11,073) in August, plug-in sales retrenched in September. The month’s total of 8,027 was still the third best of the year, and the fourth best of all time. Plug-ins’ lower September sales reflected the larger market – overall US auto sales were down 4% compared to September 2012, partly… Read more »
Hertz advertises Tesla Model S rentals
Do EVs have a future as part of the nation’s rental car fleet? That remains to be seen, but Hertz (NYSE: HTZ), the world’s largest airport car rental brand, is talking about it, and that’s a start. The company has announced that it will add the Tesla Model S to its Dream Cars lineup of… Read more »
BYD electric bus successfully completes on-road testing in Colombia
BYD’s Andino-12 electric bus has concluded two weeks of intensive testing in Bogotá, Colombia, and passed with green flags flying. The operational testing was carried out by Sistemas Sustentables and the International Sustainable Systems Research Center (ISSRC) on behalf of the Colombian capital’s public transport authority, which is considering deploying some of the battery-powered buses. The… Read more »
Battery makers expect to cut prices in half by 2020
Executives at two leading battery makers said this week that the cost of lithium-ion batteries is steadily declining, and could well drop to half of today’s price by 2020. “We have an internal target to go down by at least a factor of two by 2020,” said LG Chem Power CEO Prabhakar Patil, at this… Read more »
Ford launches new workplace EV charging network
More Ford employees will soon be driving to work entirely on electrons, thanks to a new workplace charging network. Ford plans to install EV charging stations at more than 50 of its company offices, product development campuses and manufacturing facilities – nearly every Ford facility in the US and Canada. Ford already has more than… Read more »
ClipperCreek’s new Level 2 charger makes it easy to plug in
Another objection to buying an EV just fell by the wayside, as ClipperCreek announced the availability of a compact Level 2 charger with a plug-in connection to the grid. The 20 Amp LCS-25P can be installed in minutes by simply attaching it to the wall and plugging it into a 240 V outlet. The American-made… Read more »
Formula E race car unveiled in Frankfurt
The variety of electrified vehicles on display in Frankfurt is amazing – from huge luxury sedans to practical little city cars, they’re all plugging in. This one is at the high-speed end of the scale: the Spark-Renault SRT_01E electric race car that will be driven in the inaugural FIA Formula E Championship, the global electric… Read more »