Cobalt Biofuels Raises $25 Million to Commercialize Next Generation Biofuel -- Biobutanol
Oct 20, 2008
MOUNTAIN VIEW, Calif.--Cobalt Biofuels announced today it raised $25 million in equity to accelerate the commercialization of biobutanol, an advanced biofuel. The Series C equity round was co-led by LSP and Pinnacle Ventures and included both new and existing investors. "With this round of funding Cobalt Biofuels will ... Continue reading
Odyne Corporation to Evaluate Strategic Alternatives and Retain Financial Advisor
Oct 20, 2008
HAPPAUGUE, N.Y.--Odyne Corporation (OTCBB:ODYC), a clean technology company that develops advanced hybrid electric vehicle propulsion systems, announced today that the Company has retained Matrix USA, LLC as its financial advisor to evaluate the companyâs strategic alternatives, including a possible sale of the co ... Continue reading
Preh to Supply HVAC Controls for 2009 Ford F-150
Oct 20, 2008
NOVI, Mich., Oct. 20 -- Preh, a leading German supplier of automotive interior control systems, sensor systems and ECUs, has developed the HVAC control heads for the MY 2009 Ford F-150 pickup truck. "As our first order at Ford for climate controls, Preh not only developed the hardware, but also the entire climate contr ... Continue reading
Automotive Design Studios Visualize Auto Racing in the Year 2025
Oct 20, 2008
LOS ANGELES - Oct. 20, 2008: Today's race cars have ground-breaking technology to improve speed, power, performance and safety but what a difference 17 years into the future can make. Imagine race cars that go beyond the expectations and challenges of racing today, such as never needing to stop for re-fueling or collis ... Continue reading
A NEW EXPERIENCE - DRIVING PLEASURE WITHOUT EMISSIONS: THE MINI E
Oct 20, 2008
Woodcliff Lake, NJ - October 18, 2008; The BMW Group will be the world's first manufacturer of premium automobiles to deploy a fleet of some 500 all-electric vehicles for private use in daily traffic. The MINI E will be powered by a 150 kW (204 hp) electric motor fed by a high-performance rechargeable lithium-ion batte ... Continue reading
GEM Electric Cars Help Charlotte Residents 'Jump' the Pump
Oct 19, 2008
'Jump Charlotte' Shuttle Service Launches Gas-Free & No-Cost Rides CHARLOTTE, N.C., Oct. 19 -- Jump Charlotte, a free, eco-friendly shuttle service using fully-electric GEM vehicles, launched recently to provide residents of Uptown Charlotte with free, "green" rides around town. The service could not have come at a bet ... Continue reading
Alt Car Expo 2008: Exclusive Press Pass Video Coverage
Oct 18, 2008
The Auto Channel's cameras captured speakers and exhibitors (see links below) throughout this event. <p> The free, two-day expo was held for the third consecutive year in Santa Monica, CA on Sept. 26 & 27 (and for the first time this year in Austin, TX on Oct. 17 & 18). The event typically draws 10,000 in Santa Monica, ... Continue reading
The MINI E: A New Experience - Driving Pleasure Without Emissions
Oct 18, 2008
WOODCLIFF LAKE, N.J., Oct. 18 -- The BMW Group will be the world's first manufacturer of premium automobiles to deploy a fleet of some 500 all-electric vehicles for private use in daily traffic. The MINI E will be powered by a 150 kW (204 hp) electric motor fed by a high-performance rechargeable lithium-ion battery, tr ... Continue reading
Oct 18, 2008
Washington, D.C. - Oct. 15, 2008; To help consumers make well-informed choices when purchasing new vehicles, EPA and the Department of Energy (DOE) have unveiled the 2009 Fuel Economy Guide. âWith the new Fuel Economy Guide in hand, Americans now have the information they need to buy greener and cleaner cars and t ... Continue reading
Electric Car Maker Tesla Delays Launch and Closes R and D Facility
Oct 16, 2008
DETROIT, Oct 15, 2008; Kevin Krolicki and David Bailey writing for reuters reported that electric car startup Tesla Motors is delaying the launch of a planned five-passenger battery-powered sedan and cutting jobs to conserve cash as a credit crunch drives funding costs sharply higher. The company, which sells the $109, ... Continue reading
Fiat Introduces the Grande Punto Natural Power (Gasoline/Methane Dual Fuel) - VIDEO ENHANCED
Oct 16, 2008
Fiat presents the Grande Punto Natural Power, a new dual fuel (petrol/methane) version of the original Grande Punto that confirms the brandâs commitment to protecting the environment. The methane-driven Grande Punto is a financial alternative to cars that run on conventional fuels (diesel and petrol), which are in ... Continue reading
Most Powerful Hybrid SUVs Now Offer Best-in-Class Fuel Economy
Oct 16, 2008
Official EPA Fuel Economy Ratings Announced for 2009 Chrysler Aspen and Dodge Durango Hybrids: Best-in-Class 20 city/22 highway AUBURN HILLS, Mich., Oct. 16 -- -- Chrysler and Dodge hybrid SUVs boast fuel economy improvement of more than 53 percent in city, 40 percent overall; offer better city fuel economy than a V-6 ... Continue reading
Ener1 Acquires Leading Korean Lithium-ion Battery Cell Producer
Oct 16, 2008
Deal Brings Broader, More Diverse Capacity to Produce Advanced Power Systems for Next Generation of Electric Vehicles Management Will Host Investor Call at 11:00 Eastern, Thursday, October 16 NEW YORK, Oct. 16 -- Ener1, Inc. (AMEX:HEV) announced today it has agreed to acquire an 83% interest in Enertech International, ... Continue reading
Oct 15, 2008
SOUTH SAN FRANCISCO - October 15, 2008: The second annual Western Automotive Journalistsâ "Fall Classic: Future Fuels and Propulsion Systems" program will take place Wednesday, October 15 at the Basque Cultural Center, 599 Railroad Avenue, South San Francisco, CA 94080. The production plug-in Chevy Volt has been r ... Continue reading
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