Fisker Automotive, a start-up that hopes to sell luxury hybrid cars, has lined up a manufacturing partner in an effort to get its cars out by the fourth quarter of next year.
Valmet Automotive, a Finnish manufacturer, will build the Fisker Karma for the company. Valmet also makes the Cayman and Boxster for Porsche. This being [...]
Why is Tesla putting its sedan factory in California? There are ten million reasons.
The incentives provided by the State of California to the car company come to about $10 million dollars, state Treasurer Bill Lockyer told me. Most of the incentives come in the form of tax holidays. (I had to duck under some black [...]
Scenario 1: Let’s say you’re a newly funded silicon solar startup and want to experiment in the wafer manufacturing process. You go to your VC investors and ask them for $25M to buy and install a small silicon wafer production line.
Scenario 2: Let’s say you’re a process development engineer at an existing, up and running [...]
There’s an engine in the front, and an engine in the back. That’s the best way to describe the prize-winning through-the-road parallel hybrid from Mississippi State University.
In their car–concocted as part of the four-year Challenge-X contest sponsored by the Department of Energy and General Motors–an electric motor propels the wheels on the rear axle while [...]
The $244 billion California Public Employees’ Retirement System has staked $640 million in Khosla Ventures. Up to this point, Khosla Ventures was backed entirely by Vinod Khosla himself, who formed his VC firm in 2004 after a stint as a GP at Kleiner Perkins. Vinod’s greentech picks have tended toward the capital-intensive, including major funding [...]
Innovation Fuels, a New York-based biodiesel company, has completed financing on a $15.5 million B round. The company raised $10.5 million in equity and $5 million in debt from Credit Suisse, RNK Capital, and Lyrical Partners. This is on top of the $15.5 million A round the company raised in 2007 to help finance its [...]
Green Light is the traffic cop at the intersection of green technology, business and policy. We cover the highs and lows of the greentech market, providing news, commentary and analysis on the companies and personalities–-winners and losers alike-–driving its growth and evolution.
Buildings are the George Harrison of green tech. Usually, it's the first two guys--solar and biofuels--that come to mind when the green tech gets debated. ...
Tesla Motors chairman Elon Musk is serious about getting beyond sports cars. At a press conference with California Governor Arnold Schwarzenegger, Tesla co-founder and chairman Elon ...
Despite the near daily hum telling us that we're in big trouble, sometimes we read something that makes us think: wow, we're in big trouble. ...
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