Chinese auto giant Wanxiang wins Fisker bid

Chinese auto parts giant Wanxiang has won a bid for electric car maker Fisker for $149 million, and a judge has approved it. Will they restart production of the Karma and make the Atlantic soon?

Smith Electric Vehicles halts IPO plans

Smith Electric Vehicles was hoping to raise capital through an initial public offering, but called off that plan and will turn to private capital instead. It’s the latest cleantech company that hasn’t been able to go public in 2012.

10 ways Chinese investors are dominating cleantech

Chinese investors and the Chinese government are starting to aggressively fund U.S.-based cleantech startups. There’s been a half dozen of these deals in recent weeks and months, so I thought I’d put together this list to point out the 10 big ones I’ve been watching:

A123 Systems Posts Lower Sales, Widens Loss in Q1

Auto makers aren’t making much money (if any) off of electric cars yet. The same thing is true for the makers of the batteries that will run them. A123 System on Monday reported lower sales and widened its loss for the first quarter.

Tale of Two Electric Truck Makers: Smith and Modec

Is it a good time to be an electric truck maker? The answer depends on who you ask. For Smith Electric Vehicles, it’s a resounding yes. But for Modec, which just entered administration (ie bankruptcy proceedings), not so much.

10 Cleantech IPO Picks for 2011

This year saw some improvements in public market investors’ appetite for cleantech companies, but not enough to make it a good year. As always, the hopes are that 2011 will prove a better one. Check out our picks of top 10 IPO candidates.