Today it was announced that Volvo’s C30 electric car which is powered by an Ener1 (HEV) lithium battery, achieved an important milestone. During the North American International Auto Show, Volvo CEO Stefan Jacoby unveiled a crash tested C30 following a two development program between the two companies. A test fleet of the electric vehicles will hit the road here in the states this year and the media will have an opportunity to test drive … Read the rest
Tag Archives: Volvo
Westport Innovations (WPRT) & Volvo Define Relationship For Bio/Natural Gas Vehicles
Westport Innovations (WPRT) announced it has signed an agreement with Volvo Powertrain, a subsidiary of Volvo AB, defining Westport’s responsibility to develop biogas and natural gas fueled engines for Volvo. Details won’t be released until later, but the companies have agreed to share the risks of development, Westport will be reimbursed for engineering costs and will generate revenue for every new nat gas/biogas engine sold to Volvo. The two companies first signed an agreement last … Read the rest
Quantum Fuel (QTWW) Beats, Success Will Be Tied To Fisker
Quantum Fuel Systems (QTWW) reported earnings results after the bell yesterday, beating Wall ST estimates on both the EPS and revenue side with a loss of .03/share on revenues of $6.2 million. Analysts had expected a .07/share loss. Revenues slipped 35% over the year ago quarter which the company attributed to the end of a supply contract with GM for hydrogen fuel storage systems. However, the company continues to trim its losses as cost reduction … Read the rest
Volvo Chooses Ener1(HEV) Batteries To Power Hybrid Demonstration Cars
Volvo has chosen Ener1’s lithium-ion batteries for its plug-in hybrid V70 demonstration cars. These cars are being tested in Europe as part of a program to deliver a commercial plug-in hybrid by 2012. The demonstration cars can go for 31 miles on a single charge, and can draw power from a normal household outlet. For long distance trips, the car uses an integrated diesel engine.
Enerdel, Ener1’s manufacturing arm, created the batteries especially for the … Read the rest