Monthly Archives: January 2010

Better Place gets $350m from banks, investors

Better Place has just announced a major new set of investors.
More details after the jump:
Electric car firm Better Place raises $350 mln
“Better Place, an infrastructure provider for electric cars founded by former SAP <SAPG.DE> executive Shai Agassi, has raised $350 million in fresh equity as part of a second round of financing.
Better Place’s concept is [...]

Enter the Russians

Russia’s richest man, Mikhail Prokhorov, gets a nod of approval from Putin on his new electric car investments. Read more in the article:

Putin Backs Russia’s First Electric Car Project
By Gleb Bryanski and Gleb Stolyarov for Reuters.
From the article:
“Russia’s richest man, Mikhail Prokhorov won early backing from Prime Minister Vladimir Putin for his plan to start [...]

Europe Goes Electric

A new European-wide electric car initiative will be launched as part of the Spanish presidency of the EU next month.
Read more about it in the Irish Times article:
EU to introduce electric car initiative
From the article:
“Spanish rime minister José Luis Rodríguez Zapatero, whose country currently holds the EU presidency, said there was a need for a [...]

Toyota digs for Lithium

Toyota Tsusho Corp, a trading house and key Toyota supplier that Toyota owns 22 percent of, just announced that it would be jointly developing a new lithium project in Argentina with the Australian-listed Orocobre Ltd.
For more information read:
Toyota in Argentine Lithium Deal for Hybrid Car Push
By Eriko Amaha for Reuters.
From the Reuters post:
“A sister company [...]

Letter from Copenhagen

(December, 2009)
Late night on the streets of Copenhagen, and biting cold.  It was a dark and snowy night.  But what I really wanted was…a  bicycle.
Two weeks in on a trip to Denmark and my perspective on weather and transportation had shifted.  The fastest way across town was on a bike regardless of conditions. Sure, an [...]

When Bob Met Elon … and Chris

The Revenge team filmed a historic meeting in Detroit today — getting GM Vice President and Tesla Motors CEO Elon Musk together on camera for the first time.
More details after the jump :
Detroit’s Electric Avenue: The Street of Dreams?
From the NY Times post:
“Mr. Paine, who produced the documentary “Who Killed the Electric Car?” arranged the [...]

Say Hello To The Cadillac Converj

Bob Lutz announces the next GM Electric Car program, post Volt.
It’s the Cadillac Converj.
For more details, read the story:
Lutz: GM to make Cadillac Converj electric car

Ford Starts EV Test Drives

Ford is starting EV trials in Germany.
For more details, follow the link …
Ford Plans to Start Electric-Car Tests in Germany Next Month
“Ford Motor Co. will start a two-year test program of electric Focus compact cars and Transit vans in Germany on Jan. 4 as the U.S. company prepares to introduce battery-powered models as early as [...]