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Posts Tagged ‘electric cars’

Toyota aims for five million hybrid sales, launches engine noise booster

25 August 2010

Toyota is aiming to reach sales of five million hybrid vehicles in the next few years and has launched a speaker device to enhance the engine sound of its flagship Prius model to combat criticism that the engine is too quiet.

Venture arm of General Motors invests in hybrid vehicle developer Bright Automotive

4 August 2010

The venture capital arm of US car giant General Motors has committed its first funding and will take a minority stake in electric vehicle specialist Bright Automotive.

Tesla looks to raise $185m from IPO, confirms Toyota private placement

15 June 2010

Electric vehicle designer and manufacturer Tesla Motors has announced details of its long-awaited initial public offering and said it hopes to raise $185m from the share sale.

Smart to roll out US test fleet of electric vehicles

11 June 2010

Small-vehicle company Smart is to launch a US test fleet of electric vehicles as it aims to cash in on growing sales in the country.

Electric vehicle maker Tesla clarifies Toyota deal

28 May 2010

US-headquartered electric car company Tesla, which is soon to IPO, has clarified its previously announced deal with Japanese automaker giant Toyota stating the companies ‘intend to cooperate’ on the development of electric vehicles.

Renewable energy company Acciona teams up with Mercedes for Madrid smart charging pilot

21 May 2010

An electric vehicle pilot project will take place in the Spanish capital Madrid with automaker Mercedes and renewable energy company Acciona signing an agreement to promote emission-free mobility in the region.

Japan car giants team up to promote global electric vehicle adoption

15 March 2010

A group of Japanese vehicle manufacturers have joined forces with a major utility to standardise how electric vehicles are charged to speed-up the adoption of the clean energy cars around the world.

Tesla Motors announces IPO

1 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.

Reliant Energy launches hybrid car pilot project in Houston

18 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.

German auto giant Daimler takes stake in electric car maker Tesla Motors

20 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.

Swedish government vows to eliminate greenhouse gas emissions by 2050

12 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.

IBM joins EDISON project to build smart grid for electric cars

25 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.

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