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Battery

SANTA MONICA, CA - Coda Holdings, a California-based developer of advanced lithium-ion power battery systems and all-electric vehicles, has named Philip Murtaugh the company's new CEO. Murtaugh was also appointed a member of Coda's board of directors.

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Dow Kokam Showcases EV Battery Technology

DETROIT - Advanced battery manufacturer Dow Kokam, which recently reached a deal to supply battery packs for a PVI electric refuse truck, is among the exhibiters at the 2011 North American International Auto Show (NAIAS).

CODA Raises More Capital for EV Production

SANTA MONICA, CA - CODA Holdings, a developer of lithium-ion advanced battery systems and all-electric vehicles, announced the initial closing of a Series D preferred investment round totaling $76 million. This brings the company's total invested capital to more than $200 million.

EV Battery Firm Completes $25M Capital Raise

NEW YORK - Ener1 Inc. - a leading manufacturer of lithium-ion energy storage systems for transportation and other applications - announced the sale of $25 million of senior unsecured notes, together with shares of common stock and warrants.

Duke Energy Working on EV Battery Reuse Project

CHARLOTTE, NC - Duke Energy and Tokyo-based ITOCHU Corp. have signed an agreement to collaborate on advanced energy technologies, starting with the evaluation and testing of second-life applications for electric vehicle batteries.

Panasonic Invests $30 Million in Tesla

PALO ALTO, CA - Panasonic Corp. has invested $30 million in electric car maker Tesla Motors.The investment builds upon a multi-year collaboration to accelerate the market expansion of the electric vehicle.

Calif. Awards $9.6 million for EV, Alt-Fuel Projects

SACRAMENTO, CA - The California Energy Commission has approved eight grants to fund projects aimed at advancing the manufacture of electric vehicles and vehicle batteries, adding vehicle charging stations, and encouraging the use of biofuels. The grants leverage more than $9.6 million in state funding with $11.9 million in private funds.

BASF Advanced Battery Materials Plant Under Construction

FLORHAM PARK, NJ - Chemical company BASF on Oct. 27 broke ground on a $50-plus million facility in Elyria, Ohio, that will produce advanced cathode materials for lithium-ion batteries that will power the hybrid and full-electric vehicles of the near future.

Calif. Awards $12.6 Million for Green Vehicle Technologies

SACRAMENTO, CA - The California Energy Commission recently approved nearly $12.6 million for nine projects aimed at developing cleaner transportation. These include efforts to manufacture electric vehicles and vehicle batteries, add vehicle charging stations, and encourage the use of biofuels.

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