Joined by VP Joe Biden today, Fisker executives announced inside an old GM facility that they will begin using the facility to support Fisker’s Project NINA with the goal of producing a family oriented plug-in hybrid sedan costing less than $40K. It’s a ways off though. The company won’t begin production in the facility for at least three years and won’t get up to full capacity for at least five years.
Quantum Fuel (QTWW) is … Read the rest
A growing contingent of electric and hybrid vehicle supporters are vouching for the style and simplicity of Toyota’s Prius, one of the most popular and well-loved models on the market. Fans of the Prius have been anxiously awaiting the release of a plug-in model for the vehicle, which is expected to be available to the public in 2012. This January, at the North American International Auto Show, Toyota announced that it would release five hundred … Read the rest
As part of the Plug-in Hybrid Electric Vehicle Technology Acceleration and Deployment Activity Program, the US Dept of Energy announced it has selected Navistar’s Fort Wayne plant for a cost shared award of up to $10 million to develop 60 plug-in electric hybrid buses for use across the nation during a multi year test program. Navistar’s IC Bus is the only bus manufacturer currently offering the electric bus and will use the grant to improve … Read the rest
Ener1 (HEV), a development stage company in the business of lithium-ion batteries for plugin hybrid autos reported a narrow loss than in the year ago quarter with an EPS of -.08, compared to -.16. Revenues nearly doubled over the year ago quarter to $39K.
Some highlights from the quarter:
– received a purchase order to deliver 2 prototype plug-in hybrid lithium-ion battery packs in Feb 09 to a major European auto maker. HEV will also … Read the rest
There are some good reports over at CBS Marketwatch on alternative energies, such as a report about the nations first offshore wind farm, a look at one homeowner who has installed a 45 ft wind turbine in her backyard as well as a few reports on the US power grid. A future report takes a look at the recent extension of tax credits for renewable energies as part of the recent package and a … Read the rest