The Fisker Karma Sunset, a stunningly beautiful hardtop convertible plug-in hybrid electric vehicle (PHEV), has won the 2009 Production Preview Concept of the Year. The award is part of the eighth annual North American Concept Vehicle of the Year awards which honor the vehicles most likely to influence the future of the automotive industry. Just [...]
Following the approval of a loan from the U.S. Department of Energy, Nissan has announced that they will be drastically expanding the operations of their Smyrna, Tennessee. The $1.6 billion loan will be used to bring the factory into the 21st century by making it capable of constructing battery electric vehicles and individual battery packs [...]
Earlier today, General Electric announced its intention to invest $100 million in a battery factory to be located in upstate New York to produce sodium-based batteries. Last month, the company invested $69 million in A123 systems, a lithium-ion battery producer located in the Boston area. The batteries produced from A123 systems will be directed towards [...]
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