Altair Nanotechnologies announced today that DesignLine International has placed an order for 4 of their hybrid electric vehicle (HEV) battery packs, at a total cost of $54,000. Altair will supply Designline International with the battery cells, assemble them into working battery modules, and train Designline International’s employees to assemble future products from Altair on their own. The initial 4 battery packs will be used on city transit buses and for a modular testing program.
Toyota Motors (TM) has taken a beating along with the rest of the market over concerns of a crumbling global economy, but with the move to hybrid and electric cars well underway and expected to continue (despite a temporary decline in fuel prices) Toyota will continue to benefit big as a leader in the fuel efficiency revolution.
Is it time to take a look at Toyota as an investment? The stock is now trading about … Read the rest
UQM Technologies announced that Proterra LLC will showcase a prototype of Proterra’s its HFC 35 composite body, zero-emission, battery-dominant hybrid-electric transit bus at the American Public Transportation Exposition in San Diego. The bus is powered using UQM’s PowerPhase® 150 propulsion system. The HFC 35 can carry 37 passengers, and it will make it’s real-world debut as part of a nationwide trial sponsored by the FTA starting in 2009.
While the rest of the green energy market crumbles along with the general market, there are a few green stocks quietly showing strong technical action. One such company is Ener1 (HEV), the maker of lithium batteries for electric cars. A few days ago it broke out of a double bottom base and is now forming a handle as volume levels indicate good demand for the stock. A breakout from the handle above 8.50 and a … Read the rest
Another “green” ETF began trading last week put out by one of the more innovative ETF providers, Invesco Powershares. The PowerShares Global Progressive Transporation Portfolio ETF (PTRP) carries a fancy name and a diversified way to play the transition toward cleaner, less costly and more efficient means of transportation. It’s based on the Wilder Nasdaq OMX Global Energy Efficient Transport Index and includes companies that:
– improve energy efficiency – reduce fuel costs – harness … Read the rest
UQM Technologies (UQM) is soaring over 50% today on no news, but StreetInsider.com is reporting that it might have something to do with speculation that Chrysler will be using a UQM product in one of its upcoming electric cars, scheduled to start shipping in two years. It’s a bit strange though because the Wall St journal reported yesterday that Chrysler is in advanced talks with A123 Systems, which is planning to IPO soon.
Toyota Motor Corp has teamed up with European energy company EDF Energy to begin testing plug-in hybrids on UK public roads. EDF will assist with the tests by building charging ports where drivers can plug in their cars and top off their batteries. Toyota has run several other tests of plug-in hybrids in other countries. Although most tests have involved vehicles using nickel-metal hydride batteries, they are also trying to develop hybrid cars that use … Read the rest
Quantum Fuel Systems (QTWW), a leader in the development and production of advanced propulsions systems, energy storage technologies and alternative fuel vehicles reported earnings this morning much lower than what analysts had been expecting.
High gas prices have led many consumers to trade in gas guzzlers for more fuel efficient vehicles. This has been a boon to Japan’s top 3 auto companies, Toyota, Honda and Nissan.
As reported on MSN Money, Toyota Motors Corp’s global output rose 10.2 percent over the past year. Honda Motor Co reported an increase of 17.7 percent, and Nissan increased their output by 26.8 percent. All of the automakers are struggling to shift … Read the rest
Green Alternative Energy Stocks – Solar, Wind, LED Lighting,Smart Grid, Electric/Hybrid Cars, Wave Energy, Green Building, Biofuels & Geothermal