13 biggest moments in cleantech in 2013
Here’s the 13 biggest things I paid attention to this year around next-generation energy, sustainability, and resource management. Oh heck, let’s just keep calling it cleantech.
Here’s the 13 biggest things I paid attention to this year around next-generation energy, sustainability, and resource management. Oh heck, let’s just keep calling it cleantech.
Here’s the details of the class action lawsuit filed against Coda Automotive that I referenced yesterday: it’s a complaint that Coda Automotive allegedly violated the WARN Act, that requires large employers to give employees 60 days written notice of mass layoffs.
Electric car company Coda Automotive has filed for bankruptcy, following slow sales and lawsuits. It’s the latest electric car startup to struggle and falter.
Fisker is the latest electric car maker to reach out to Chinese investors and auto tech giants for investment and acquisition. And it’s also the latest electric car company to struggle and face a discounted value.
As electric car startup Coda faces slow sales of its electric sedan, its been hit with a series of lawsuits buy vendors for not payings its bills on time. While the company is dealing with those, the future of the startup is uncertain.
Yet another electric car startup is having trouble. Coda Automotive is laying off 50 employees — or 15 percent of staff — after a delayed launch, slow sales, and a car recall. The bad news follows Better Place layoffs, and A123 System’s bankruptcy.
Electric car startup Coda Automotive joins the ranks of its peers that have recalled early cars because of faulty parts. On Sunday Coda recalled 78 of its electric sedans because of a mis-installed side curtain air bag.
Money from Chinese investors, conglomerates, cities and the government, continues to drive a significant amount of the future of next-generation technology for electric cars.
According to local reports, Bright Automotive, which was a spinoff from the not-for-profit think tank Rocky Mountain Institute, and which had been developing a plug-in hybrid car called the IDEA for commercial fleets, plans to close shop.
Electric car company Coda Automotive is raising more funds as it moves closer to shipping its first electric sedans. According to a filing, the company is looking to raise another $150 million, and has closed $21.5 million of that round.