Valence Technology (VLNC) is popping back up above the buck level today on news it’s providing its lithium battery storage systems for the new Mercedes eVito electric taxis in London. Mayor Boris Johnson has visions of a pollution free London and wants to provide a fleet of electric taxis in time for the 2012 Olympic Games. Road testing of the taxis will begin right way.
“This is a real game-changer for fleet vehicles,” said Robert … Read the rest
Ford and Microsoft just announced an agreement to work together to create more effective and affordable recharging solutions for Ford electric car drivers. With the Microsoft Hohm™ energy management application, owners will be able to decide the best time to recharge their EVs for the most efficient and affordable charging. Microsoft Hohm will be available for use with the electric version of the Focus starting next year.
Microsoft Hohm can also help utilities manage the … Read the rest
If the Obama administration wants to meet its goal of being the alternative energy world leader, it’s got a lot of catching up to do. While they focus on a trillion dollar health care sure to put the US credit rating at risk in the coming years, it spends peanuts on the technology needed to fuel our future without the need for massive foreign oil imports.
Last year, China doubled the investment the US made … Read the rest
Ener1 (HEV) reported results last night that were about inline with what they’ve been reporting in the last year. Another loss of .14/share just like last quarter but on record revenues of $11 million. As a development stage company, the quarterly results don’t mean much right now though. It’s all about the future and traders appear to like what’s in store, bidding up the stock about 10% today.
Here are some highlights of comments made … Read the rest
A123 Systems (AONE) is announcing some good news along with its earnings report today. They are going to be developing lithium ion battery systems for a joint venture project between Navistar (NAV) and Modec to develop commercial electric vehicles. The batteries for the Navistar EV will be manufactured in Michigan with the vehicles being assembled in Indiana for a launch sometime this year.
These commercial EV’s will be designed for frequent stops, have a … Read the rest
A123 Systems (AONE) reported mixed results after the bell today. While the company reported an EPS loss of .22/share which was slightly worse than Wall St expectations for a .20/share loss, they did beat on the revenue side posting $24.5 million (vs the estimate of $20.80 million. Those number are about inline with what the company has been posting over the past year, so the earnings results don’t say much. As with all development stage … Read the rest
The PR nightmare continues unabated for Toyota (TM). As they continue to deny that electronics malfunctions are playing a role in the runaway acceleration issue comes news that another Toyoto Prius sent its owner on anything but a Sunday afternoon joy ride.
James Sikes of San Diego said that his 2008 Toyota Prius hybrid accelerated to nearly 100MPH on its own. He said the mat wasn’t propping up the accelerator and that he tried to … Read the rest
UQM Technologies (UQM) has received an order from Quantum Fuel Tech (QTWW) for its high efficiency electric drive system to power a postal service electric vehicle which is currently in development. A successful demonstration following a one year development program could lead to widespread adoption by the postal service for its fleet of 178K .. not to mention a great revenue source for both UQM and Quantum.
“We are pleased to be selected by Quantum … Read the rest
With the explosion in the popularity of anything “green” including stocks, comes the unscrupulous, the frauds and the spammers. Certainly the stock market industry is littered with .. to be perfectly frank.. crap. Part of the goal in creating GreenStocksCentral.com was to not only keep you up to speed with all the latest news in the world of green stocks along with highlighting the best opportunities, but to steer you in the direction of top … Read the rest
Quantum Fuel Tech (QTWW) is one of five companies selected to participate in a one year testing program with the US Postal Service to study the adoption of EV’s. A successful study could pave the way for a mass adoption of EV’s by the USPS in the coming years. Quantum will integrate its Quantum Quiet high efficiency drive system into a Grumman EV, designed specifically for the postal service which will require frequent stops over … Read the rest