Electric vehicle maker Fisker Automotive announced on Monday that it has halted work on its second electric car called Project Nina at its factory in Delaware, has laid off 26 workers, and is attempting to renegotiate the terms of its loan with the U.S. government.
Despite Coda just going into production of its inaugural electric sedan, the startup will announce on Friday it’s launching a division that plans to sell its batteries and battery management system to act as energy storage for the power grid.
For our New Year’s resolutions series, I chatted with Tesla CEO Elon Musk about his goals for 2012. One thing he’s working on is that Tesla plans to unveil its third car the Model X — an electric SUV — at an event on February 9th.
The future of clean power and greener transportation is being carried by FarmVille and online coupons — at least in terms of venture capital portfolios.
Much of the innovation around next-gen cars focuses on electric vehicles and biofuels, but there’s a massive need for tech that can make our current cars more fuel efficient. Pinnacle Engines just emerged with just such a technology and a round of VC funding.
Will 2011 bring recovery or retrenchment for the greentech industry? We’re tracking both the leaders and up-and-comers in the solar power, smart grid, biofuel, green vehicle and energy efficiency sectors, to discover the role that old-school energy industries are going to play in the greentech evolution.