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$10 Million Prize For First 500 Mile Battery Pack |
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Written by gas 2.0 - Christopher DeMorro
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Thursday, 03 June 2010 |
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June 2nd, 2010 - Some people aren’t as concerned with saving the environment as they are with saving money. Indeed, money is much of the reason why we still don’t have electric cars. In many people’s minds they cost too much for too little range or power. And while we now have cars that can get upwards of 500-600 miles on a tank of gas… electric cars have their work cut out for them. Click to read more...
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Fisker adds $189 million in latest funding round |
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Written by autobloggreen - Eric Loveday
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Thursday, 03 June 2010 |
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May 30th, 2010 - Just a few short days ago, we got word that Fisker Karma production would be delayed once again and a new target date for full production now sits at February 2011. The delay gives Fisker ample time to secure even more funding, and that's exactly what the company is doing. Fisker reports that it just wrapped up its latest funding round by securing $189 million in additional capital, bringing its total private equity funding thus far to around $339 million. Click here to read more...
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Magna International invests $400-600 million in battery production |
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Written by autobloggreen - Sam Abuelsamid
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Thursday, 03 June 2010 |
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May 28th, 2010 - Magna International has decided that it will invest between $400 million and $600 million in lithium ion battery production over the next three years. The Canadian auto parts supplier will build two production facilities, one in Europe and one in North America, to supply the battery packs for future plug-in hybrid and battery electric vehicles. Click here to read more...
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Navistar Officially Unveils eStar, Its First Purpose-Built All-Electric Commercial Truck |
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Written by NAVISTAR® - Newsroom - Steve Schrier
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Friday, 14 May 2010 |
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ELKHART COUNTY, IND. (May 13, 2010) – Navistar, Inc. announced today during a web conference with the U.S. Department of Energy and FedEx, that it will deliver to FedEx the first full-production eStar™—Navistar’s all-electric commercial truck. The company is currently taking orders for the eStar and intends to deliver 400 units by the end of 2010. Click here to read full story
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Last Updated ( Friday, 14 May 2010 )
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