1st February 2010
Tesla Motors, currently the only maker of ‘highway-capable’ electric cars, has announced its intention to raise further funds through an initial public offering (IPO). The exact size and pricing of the IPO, has not yet been disclosed.
18th November 2009
The City of Houston and NRG Energy company’s subsidiary Reliant Energy have launched a programme to bring plug-in hybrid electric vehicles to Houston to demonstrate electric cars.
20th May 2009
German auto giant Daimler has acquired an equity stake of nearly ten per cent of electric car maker Tesla Motors, Inc. Tesla is the only production automaker selling a highway capable electric vehicle in North America and Europe.
12th March 2009
The Swedish Government is making progress towards its goal of zero net emissions of greenhouse gases by 2050 with the proposal that green automobiles will be exempt from vehicle tax for five years.
25th February 2009
Electronics and computing giant IBM has announced its membership in the EDISON research consortium, a Denmark-based collaborative aimed at developing an intelligent infrastructure that will make possible the large scale adoption of electric vehicles powered by sustainable energy.