Azure Dynamics Corporation announced this week that it has entered into an agreement to sell its portfolio of patents and related rights and assets to a third party.
Boston-Power’s Swing 5300 cells will be used in multiple BJEV models and brands, beginning with the C70 sedan, which is based on the 9-5 Saab chassis.
Wanxiang Group will provide a bridge loan of $75 million or so, and eventually invest up to $450 million in A123, which would give it an ownership stake of about 80% in the company.
Vision will be installing its proprietary electric/hydrogen hybrid drive system in Cargotec’s Kalmar Ottawa terminal tractors.
Tesla stands by its goal of 5,000 deliveries by the end of 2012, and VP George Blankenship insisted that all is going according to plan.
Ford’s new C-MAX Energi PHEV has a user-selectable electric-only mode that offers a range of at least 20 miles and a top electric-only speed of 85 mph.
Galaxy Resources Limited reported this week that prices for both technical- and battery-grade lithium carbonate in its key market, China, have soared - current prices are up almost 17% compared to last year.
As of June 30, 2012, a total of 814 claims were made for the government’s £5000 electric car grant in the first six months of 2012, compared to 892 claims received during the whole of 2011.
ECOtality will offer its Blink charging stations free to residents and commercial host sites in the Chicago, Atlanta and Philadelphia metropolitan areas.
Previously, hybrid transmission production was handled by a supplier in Japan. By bringing the development work in-house, Ford reduced development costs by 20 percent.
GE’s prototype operates at a peak power level of 55 kW and improves on state-of-the-art motors in the same class in several ways.
GM sold 1,849 Volts in July, bringing the year-to-date total to 10,666, and total US sales since launch to 18,663.
Researchers in Italy, South Korea, and Scotland have reported designing lithium-air batteries with major advancements in charge and discharge cycles with little capacity loss.
The two companies mounted an investigation of the problem, and GE announced the findings to the public on Friday in a brief statement.