WARREN, MI - Engineers of the four-seat Chevrolet Volt electric car often refer to its 435-pound battery pack as the fifth passenger. Given the care taken to keep the pack at just the right temperature in all weather conditions, there is a lot of truth to that.
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.
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).
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.
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.
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
