DETROIT - General Motors Ventures LLC has invested $7 million in Newark, Calif.-based Envia Systems to provide GM's battery engineering team with access to advanced lithium-ion cathode technology that delivers higher cell energy density and lower cost. In a separate agreement, GM has secured the right to use Envia's advanced cathode material for future GM electrically driven vehicles.
SMYRNA, TN - Construction is progressing on Nissan's manufacturing facility in Smyrna, Tenn., which will produce lithium-ion batteries to power the all-electric Nissan Leaf vehicle. The Leaf will be produced at the facility beginning in late 2012.
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.
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.
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).
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.
SALINAS, CA - Green Vehicles, a California-based automaker that produces the Triac electric vehicle, has teamed with lithium-ion battery company Leyden Energy.
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.
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.
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.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
