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	<title>Green Street Journal &#187; Automotive</title>
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	<link>http://www.gsjournal.com</link>
	<description>Leading Source on Green Energy &#38; Business News</description>
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		<title>Better Place Raises $200 Million Series C Financing</title>
		<link>http://www.gsjournal.com/2011/11/better-place-raises-200-million-series-c-financing/</link>
		<comments>http://www.gsjournal.com/2011/11/better-place-raises-200-million-series-c-financing/#comments</comments>
		<pubDate>Sun, 13 Nov 2011 05:01:49 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[Electric]]></category>
		<category><![CDATA[Electric Car]]></category>
		<category><![CDATA[Green Investments]]></category>
		<category><![CDATA[Green News]]></category>
		<category><![CDATA[Green News Feature]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[Better Place]]></category>
		<category><![CDATA[Israel]]></category>
		<category><![CDATA[Maniv Energy Capital]]></category>
		<category><![CDATA[Series C]]></category>

		<guid isPermaLink="false">http://www.gsjournal.com/?p=1901</guid>
		<description><![CDATA[The press release states, &#8220;with the launch of the first nationwide electric car networksin Israel and Denmark just months away, Better Place today announced that it has secured $200 million through a Series C equity financing from a consortium of top-tier investors and partners, nearly doubling the company’s valuation to $2.25 billion (post money valuation [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.gsjournal.com/wp-content/uploads/2010/06/betterplace.gif"><img class="alignleft size-full wp-image-1219" title="betterplace" src="http://www.gsjournal.com/wp-content/uploads/2010/06/betterplace.gif" alt="betterplace Better Place Raises $200 Million Series C Financing" width="195" height="42" /></a>The press release states, &#8220;with the launch of the first nationwide electric car networksin Israel and Denmark just months away, Better Place today announced that it has secured $200 million through a Series C equity financing from a consortium of top-tier investors and partners, nearly doubling the company’s valuation to $2.25 billion (post money valuation on a fully diluted basis) since the last financing in January 2010. Since its founding in 2007, Better Place has raised more than $750 million of equity financing globally in an economic climate where investors continue to seek a competitive alternative to oil.</p>
<p>Better Place will use the proceeds to expand into Western Europe while it continues to advance the company’s deployment projects in Northern California, Southern China, Japan, Ontario, Canada, and Hawaii. The company will launch its initial commercial service in Israel and Denmark early next year and has already announced a series of consumer offerings for electric mobility services that are competitive with gasoline-based cars. Better Place will begin initial commercial service in the second quarter of 2012 in Australia, starting in Canberra.</p>
<p>“We’ve worked hard over the past four years to engineer and build a technology solution that competes with oil-based transportation,” said Shai Agassi, Founder and Chief Executive Officer, Better Place. “We are entering the next phase of growth for our company where we prove that our solution works, that it’s in demand, and that it scales, as we begin to push into new markets and attract new investors and new partners. I believe that our investors should be applauded for having the vision to finance the future of transportation.”</p>
<p>New investors in the Series C round include GE and UBS AG, among others. Existing shareholders, including Israel Corp., HSBC Group, Morgan Stanley Investment Management, VantagePoint Capital Partners, Ofer Group and Maniv Energy Capital, also joined the round. The Series C financing transaction is expected to close in the fourth quarter of 2011.</p>
<p>“With this round, our shareholder base now includes the world’s largest banks, blue chip asset managers and leading industrial holding companies,” said Idan Ofer, Chairman, Better Place. “Our Board, as well as all of our investors, continues to be both confident and enthusiastic about the opportunity that Better Place presents. The highly competent Better Place team has the talent and technology to rapidly deploy its electric car network on a global scale. Our Board and investor base are committed to leveraging their vast networks, experience, and diverse set of skills to accelerate the global adoption of electric cars.”&#8221;</p>
<p>Read more: <a href="http://www.betterplace.com/the-company-pressroom-pressreleases-detail/index/id/Better%20Place%20Raises%20$200%20Million%20Series%20C%20Financing" target="_blank">Press Release</a></p>
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		<title>First of 70 eVgo sm  Electric Vehicle Charging Stations in Dallas Ready to Charge</title>
		<link>http://www.gsjournal.com/2011/04/first-of-70-evgo-sm-electric-vehicle-charging-stations-in-dallas-ready-to-charge/</link>
		<comments>http://www.gsjournal.com/2011/04/first-of-70-evgo-sm-electric-vehicle-charging-stations-in-dallas-ready-to-charge/#comments</comments>
		<pubDate>Mon, 11 Apr 2011 07:35:30 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[Electric]]></category>
		<category><![CDATA[Electric Car]]></category>
		<category><![CDATA[Green Energy]]></category>
		<category><![CDATA[Green News]]></category>
		<category><![CDATA[Green News Feature]]></category>
		<category><![CDATA[Renewable]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[Charging Stations]]></category>
		<category><![CDATA[Dallas]]></category>
		<category><![CDATA[Electric Cars]]></category>
		<category><![CDATA[EVGO]]></category>
		<category><![CDATA[NRG Energy]]></category>

		<guid isPermaLink="false">http://www.gsjournal.com/?p=1716</guid>
		<description><![CDATA[The press release states, &#8220;NRG Energy, Inc. (NYSE: NRG) is bringing range confidence to electric vehicle (EV) owners in the Dallas/Fort Worth Metroplex by commencing operations at the first privately funded, eVgo sm (ee-vee-go) Freedom Station in Texas, including the first high-speed direct current (DC) charger in Texas that is among the first in the [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.gsjournal.com/wp-content/uploads/2011/04/evgo-best-buy.jpg"><img class="alignleft size-medium wp-image-1717" title="evgo-best-buy" src="http://www.gsjournal.com/wp-content/uploads/2011/04/evgo-best-buy-300x200.jpg" alt="evgo best buy 300x200 First of 70 eVgo sm  Electric Vehicle Charging Stations in Dallas Ready to Charge" width="300" height="200" /></a>The press release states, &#8220;NRG Energy, Inc. (NYSE: NRG) is bringing range confidence to electric vehicle (EV) owners in the Dallas/Fort Worth Metroplex by commencing operations at the first privately funded, eVgo sm (ee-vee-go) Freedom Station in Texas, including the first high-speed direct current (DC) charger in Texas that is among the first in the nation. NRG plans to install a total of 70 Freedom Stations in Dallas/Fort Worth and 50 in Houston by the end of 2012, with half in place by this summer. NRG also plans to electrify the Interstate 45 corridor connecting them in 2012. The first eVgo Freedom Station is located at the Walgreens at 5201 Belt Line Road at Montfort Drive in Dallas. Each Freedom Station SM provides a 480 volt DC fast charger that can add 30 miles of range in as little as 10 minutes and a 240 volt Level 2 charger that can add up to 25 miles of range in an hour. Freedom Stations are available 24/7 and include a customer service tower with a mounted camera, giving customers access to an eVgo service representative or to activate a strobe light, siren and alert law enforcement, even from inside their vehicles. The eVgo network will also include Convenience Stations SM that offer a 240 volt Level 2 charger and are available during the retail host’s business hours.</p>
<p>“Inaugurating the first Freedom Station in the Dallas/Fort Worth Metroplex is a critical first step toward making electric vehicles the smart and convenient choice for Texans who want to reduce their cost of driving while contributing to cleaner air and America’s energy independence,” said David Crane, NRG President and CEO. “We’re taking a page from Southwest Airlines when they started out 40 years ago to link the major population centers in Texas. This first station is the start of an ecosystem that will eventually give Texas EV owners the freedom to drive with range confidence throughout the region.”&#8221;</p>
<p>Read more: <a href="http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9ODg5NTJ8Q2hpbGRJRD0tMXxUeXBlPTM=&amp;t=1" target="_blank">Press Release</a></p>
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		<title>USABC Awards $15.6 Mil in Advanced Battery Tech Contracts to 3 Firms</title>
		<link>http://www.gsjournal.com/2011/03/usabc-awards-15-6-mil-in-advanced-battery-tech-contracts-to-3-firms/</link>
		<comments>http://www.gsjournal.com/2011/03/usabc-awards-15-6-mil-in-advanced-battery-tech-contracts-to-3-firms/#comments</comments>
		<pubDate>Sun, 06 Mar 2011 16:41:26 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[Electric]]></category>
		<category><![CDATA[Green Business]]></category>
		<category><![CDATA[Green Energy]]></category>
		<category><![CDATA[Green Investments]]></category>
		<category><![CDATA[Green News]]></category>
		<category><![CDATA[Green News Feature]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[Battery]]></category>
		<category><![CDATA[Cobasys LLC]]></category>
		<category><![CDATA[Maxwell Technologies]]></category>
		<category><![CDATA[United States Council for Automotive Research LLC]]></category>
		<category><![CDATA[USABC]]></category>

		<guid isPermaLink="false">http://www.gsjournal.com/?p=1698</guid>
		<description><![CDATA[The press release states, &#8220;The United States Advanced Battery Consortium LLC (USABC), an advanced research collaboration among Chrysler Group LLC, Ford Motor Company and General Motors Company, today announced approximately $15.6 million in advanced battery development and technology assessment contracts to three firms. The competitively bid contract awards are co-funded by the U.S. Department of [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.gsjournal.com/wp-content/uploads/2011/03/uscar.jpg"><img src="http://www.gsjournal.com/wp-content/uploads/2011/03/uscar.jpg" alt="uscar USABC Awards $15.6 Mil in Advanced Battery Tech Contracts to 3 Firms" title="uscar" width="294" height="46" class="alignright size-full wp-image-1699" /></a>The press release states, &#8220;The United States Advanced Battery Consortium LLC (USABC), an advanced research collaboration among Chrysler Group LLC, Ford Motor Company and General Motors Company, today announced approximately $15.6 million in advanced battery development and technology assessment contracts to three firms.</p>
<p>The competitively bid contract awards are co-funded by the U.S. Department of Energy (DOE) and include a 50 percent cost-share from each of the contracted companies.</p>
<p>USABC awarded the contracts to develop and assess advanced energy storage technologies for a lower-energy energy storage system (LEESS) for power-assist hybrid-electric vehicles (PAHEV) and high-energy density battery cells and battery packs for electric vehicle (EV) applications.</p>
<p>The companies receiving advanced battery development contracts are:</p>
<ul>
<li>Cobasys LLC of Orion, Mich., a subsidiary of SB LiMotive, which was awarded a three-year $8.36 million contract for the development of high-energy lithium-ion cells for use in EV applications. The contract will include the design, development, delivery and validation of conforming design-intent cells, and through the design, development, delivery and verification of a 40kWh technology demonstration battery pack.</li>
<li>Maxwell Technologies Inc. of San Diego, Calif., which was awarded $7.01 million for a two-year ultracapacitor program to help develop technology that will double existing capacitor power density from 10 to 20 kilowatts per kilogram (kW/kg) and double existing energy density from 15 to 30 watt-hours per kilogram Wh/kg. The advanced ultracapacitors then will be integrated into modules that will be evaluated against the USABC goals for LEESS applications.</li>
</ul>
<p>In addition, SK Energy Co. LTD of Seoul, South Korea, was awarded $195,149 for a one-year technology assessment of the performance, cycle life and accelerated calendar life of the company’s EV batteries against USABC goals.</p>
<p>&#8220;We are pleased to announce the award of these contracts as part of USABC’s broad battery technology research and development programs,&#8221; said Steve Zimmer, executive director of USCAR. &#8220;These programs are essential to advance the technology needed to meet both near- and long-term goals that will enable a broad spectrum of vehicle electrification.&#8221;</p>
<p>USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR). Enabled by a cooperative agreement with the U.S. Department of Energy (DOE), USABC’s mission is to develop electrochemical energy storage technologies that support commercialization of electric, hybrid electric and fuel cell vehicles. As such, USABC has developed mid- and long-term goals to guide its projects and measure their progress.</p>
<p>The U.S. DOE’s overarching mission is to advance the national, economic and energy security of the United States. DOE’s Vehicle Technologies Program works with industry, academia and national laboratories to develop advanced transportation technologies that reduce the nation&#8217;s use of imported oil and increase its energy security. Electrochemical energy storage has been identified as a critical enabling technology for advanced, fuel-efficient, light and heavy-duty vehicles<strong>.&#8221;</strong></p>
<p>Read more: <a href="http://www.uscar.org/guest/news/492/Press-Release-USABC-AWARDS-15-6-MILLION-IN-ADVANCED-BATTERY-TECHNOLOGY-CONTRACTS-TO-THREE-FIRMS" target="_blank">Press Release</a></p>
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		<title>GM Ventures Makes Strategic Investment in Envia Systems</title>
		<link>http://www.gsjournal.com/2011/01/gm-ventures-makes-strategic-investment-in-envia-systems/</link>
		<comments>http://www.gsjournal.com/2011/01/gm-ventures-makes-strategic-investment-in-envia-systems/#comments</comments>
		<pubDate>Sun, 30 Jan 2011 19:38:26 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[Electric]]></category>
		<category><![CDATA[Electric Car]]></category>
		<category><![CDATA[Green Business]]></category>
		<category><![CDATA[Green Finance]]></category>
		<category><![CDATA[Green Investments]]></category>
		<category><![CDATA[Green News]]></category>
		<category><![CDATA[Green News Feature]]></category>
		<category><![CDATA[Hybrid]]></category>
		<category><![CDATA[Envia Systems]]></category>
		<category><![CDATA[GM Ventures]]></category>
		<category><![CDATA[Venture Capital]]></category>

		<guid isPermaLink="false">http://www.gsjournal.com/?p=1658</guid>
		<description><![CDATA[The press release states, &#8220;General Motors Ventures LLC invested $7 million in Newark, Calif.-based Envia Systems to provide GM’s battery engineering team with access to advanced lithium-ion cathode technology that delivers higher cell energy density and lower cost. In a separate agreement, GM has secured the right to use Envia’s advanced cathode material for future [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.gsjournal.com/wp-content/uploads/2011/01/envia.jpg"><img class="alignright size-full wp-image-1659" title="envia" src="http://www.gsjournal.com/wp-content/uploads/2011/01/envia.jpg" alt="envia GM Ventures Makes Strategic Investment in Envia Systems " width="190" height="99" /></a>The press release states, &#8220;General Motors Ventures LLC invested $7 million in Newark, Calif.-based Envia Systems to  provide GM’s battery engineering team with access to advanced lithium-ion cathode technology that  delivers higher cell energy density and lower cost.  In a separate agreement, GM has secured the right to  use Envia’s advanced cathode material for future GM electrically driven vehicles.</p>
<p>“Skeptics have suggested it would probably be many years before lithium-ion batteries with significantly  lower cost and higher capability are available, potentially limiting sales of electric vehicles for the foreseeable future,” said Jon Lauckner, president of GM Ventures. “In fact, our announcement today demonstrates that major improvements are already on the horizon.”</p>
<p>Other participating investors in Envia are Asahi Kasei and Asahi Glass; as well as current investors Bay Partners, Redpoint and Panagea Ventures.  The funding of the investor group totaled $17 million.</p>
<p>“With our high-capacity manganese rich cathode material, Envia is addressing two key issues in the nextgeneration battery cells – higher capability and lower cost,” said Atul Kapadia, founding investor, chairman and CEO of Envia Systems.  “The investments announced today from GM and the two new  strategic investors, demonstrate the excitement around our technology, as well as the importance of the  challenge.</p>
<p>“We believe our battery materials have taken the technology lead that will help lower price points and unlock the market potential for our customers,” Kapadia said.  “With our technology and products, we  believe that Envia is best-positioned to win a significant portion of this very large battery materials  market.”</p>
<p>Envia’s advanced cathode technology uses inexpensive materials that store more energy per unit of  mass than current cathode materials.  Since the cathode is a key driver for the overall battery cost, the  more energy the cathode delivers, the lower the battery cost because fewer cells are needed.&#8221;</p>
<p>Read more: <a href="http://www.enviasystems.com/downloads/Press_Release_GM.pdf" target="_blank">Envia Systems Press Release</a></p>
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		<title>GM and Bright Automotive Announce Strategic Relationship</title>
		<link>http://www.gsjournal.com/2010/08/gm-and-bright-automotive-announce-strategic-relationship/</link>
		<comments>http://www.gsjournal.com/2010/08/gm-and-bright-automotive-announce-strategic-relationship/#comments</comments>
		<pubDate>Thu, 05 Aug 2010 03:53:26 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[Green Business]]></category>
		<category><![CDATA[Green Investments]]></category>
		<category><![CDATA[Green News]]></category>
		<category><![CDATA[Green News Feature]]></category>
		<category><![CDATA[Bright Automotive]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[GM Ventures]]></category>
		<category><![CDATA[Strategic Relationship]]></category>

		<guid isPermaLink="false">http://www.gsjournal.com/?p=1314</guid>
		<description><![CDATA[According to the press release, &#8220;Bright Automotive and General Motors Co.  announced Tuesday they have agreed to pursue a strategic relationship and that GM has  provided funding to the Indiana automaker, the first  funding action by the newly formed General Motors Ventures LLC. The funding will help accelerate Bright’s production of the IDEA, a revolutionary [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-574" title="gm" src="http://www.gsjournal.com/wp-content/uploads/2009/11/gm.jpg" alt="gm GM and Bright Automotive Announce Strategic Relationship" width="285" height="285" /></p>
<p>According to the press release, &#8220;Bright Automotive and General Motors Co.  announced Tuesday they have  agreed to pursue a strategic relationship and that GM has  provided  funding to the Indiana automaker, the first  funding action by the newly  formed General Motors Ventures LLC.</p>
<p>The funding will help accelerate Bright’s production of the IDEA, a revolutionary plug-in hybrid commercial vehicle.</p>
<p>“This relationship is an important step forward for Bright, and a  strong endorsement of our highly experienced automotive team and our  incredible vehicle,” said Reuben Munger, Bright Automotive Chairman and  CEO.  “With this deal, Bright gets financial support that puts us on the  fast track toward mass production of the IDEA. And perhaps just as  importantly, we gain a strategic partner that is a world leader in  electrification.”</p>
<p>The companies signed a memorandum of understanding in July.  GM  Ventures provided funding to Bright this week, and the two companies  intend to complete the formal agreements later this year.  Upon  completion of the agreements and other terms, General Motors Ventures  would have a minority stake in Bright Automotive and Bright would have access to GM technologies, and advanced engine and transmission systems, for its vehicle.</p>
<p>&#8220;Funding early-stage start-up companies is a new way of doing  business at GM to accelerate the introduction of innovative technology  to support our core automotive business and give us a competitive  advantage,&#8221; said Jon Lauckner, president of GM Ventures.  &#8221;In this case,  our funding of Bright Automotive will accelerate the introduction of  advanced propulsion and light-weight technologies in the commercial  vehicle market.&#8221;</p>
<p>“We talked with several leading automakers, but GM clearly had the  right vision, the most capable technology, and the closest alignment  with our business approach,” said Michael Brylawski, Bright Automotive  executive vice president.  “We are thrilled to work with GM to create  American jobs, stimulate technology development, and build an innovative  American vehicle that will help reduce oil dependence and cut costs for  businesses.”</p>
<p>In developing the IDEA, Bright started with a clean sheet of paper,  listened to customers, and took a novel approach to product development  that focused on light-weighting, aerodynamics and a highly efficient  drivetrain.  The result is a multipurpose vehicle for business fleets —  the first designed to be highly efficient and provide a clear economic  benefit.</p>
<p>The IDEA delivers a positive total cost of ownership to fleet  customers by providing significantly greater fuel efficiency than  current fleet vehicles in its class.  The IDEA operates in electric mode  for 40 miles before switching to an estimated 36-mpg hybrid mode for  100+ mpg potential based on daily driving behavior.</p>
<p>Funding through GM Ventures will allow Bright to begin ramping up the  development of the production program for the IDEA in the third quarter  of 2010.  Bright continues to seek a low-interest loan through the  Department of Energy’s ATVM program.  Financial terms were not  disclosed.&#8221;</p>
<p>Source: <a href="http://media.gm.com/content/media/us/en/news/news_detail.brand_gm.html/content/Pages/news/us/en/2010/Aug/0803_bright" target="_blank">General Motors Press Release</a></p>
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		<title>GM To Be First Major U.S. Automaker to Manufacture Electric Motors</title>
		<link>http://www.gsjournal.com/2010/01/gm-to-be-first-major-u-s-automaker-to-manufacture-electric-motors/</link>
		<comments>http://www.gsjournal.com/2010/01/gm-to-be-first-major-u-s-automaker-to-manufacture-electric-motors/#comments</comments>
		<pubDate>Wed, 27 Jan 2010 06:52:58 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[Electric]]></category>
		<category><![CDATA[Electric Car]]></category>
		<category><![CDATA[Green News]]></category>
		<category><![CDATA[Green News Feature]]></category>
		<category><![CDATA[Hybrid]]></category>
		<category><![CDATA[Electric Cars]]></category>
		<category><![CDATA[GM]]></category>

		<guid isPermaLink="false">http://www.gsjournal.com/?p=967</guid>
		<description><![CDATA[According to the press release, &#8220;GM will expand its in-house electric vehicle development capabilities by becoming the first major U.S. automaker to design and manufacture electric motors, a core technology for hybrids and electric vehicles. By doing so, GM will lower costs and improve performance, quality, reliability and manufacturability of electric motors by controlling design, [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-574" title="gm" src="http://www.gsjournal.com/wp-content/uploads/2009/11/gm.jpg" alt="gm GM To Be First Major U.S. Automaker to Manufacture Electric Motors" width="285" height="285" /></p>
<p>According to the press release, &#8220;GM will expand its in-house electric vehicle development capabilities by becoming the first major U.S. automaker to design and manufacture electric motors, a core technology for hybrids and electric vehicles.</p>
<p>By doing so, GM will lower costs and improve performance, quality, reliability and manufacturability of electric motors by controlling design, materials selection and production processes. The first GM-designed and built electric motors are scheduled to debut in 2013 in next-generation, rear-wheel-drive Two-mode Hybrid technology.</p>
<p>“Electric motor innovation supported the first wave of automotive growth a century ago with the electric starter, which eliminated the need for a hand crank, and revolutionized automotive travel for the customer,” said Tom Stephens, GM vice chairman, Global Product Operations. “We think the electrification of today’s automobiles will be just as revolutionary and just as beneficial to our customers. Electric motors will play a huge role in that.”</p>
<p>In conventional cars and trucks, automakers design and manufacture engines to efficiently use energy provided from a gas tank to provide power to the wheels. Motors and batteries, respectively, fill that role in hybrid and electric vehicles. As the range and speed of electric-only propulsion increase, so do the importance of motors and batteries.</p>
<p>Electric vehicles are powered solely by electric motors, while hybrid vehicles also use an internal combustion engine for propulsion. GM’s next-generation rear-wheel-drive Two-mode Hybrid system will use two unique motor designs and an internal combustion engine to provide improved fuel efficiency compared with the current Two-mode Hybrid technology in GM’s full-size pickup trucks and sport-utility vehicles.</p>
<p>“In the future, electric motors might become as important to GM as engines are now,” Stephens said. “By designing and manufacturing electric motors in-house, we can more efficiently use energy from batteries as they evolve, potentially reducing cost and weight – two significant challenges facing batteries today.”</p>
<p>GM has been building this in-house capability for years, expanding electric motor research and development, design and validation capabilities at facilities in Michigan, Indiana and California.  GM also has developed state-of-the-art math-based design and computing capacity for electric motors. The electric motors will be manufactured in the U.S. at a GM facility.</p>
<p>GM was selected in August by the U.S. Department of Energy for a $105-million grant for the construction of U.S. manufacturing capabilities to produce electric motors and related electric drive components. “The new GM is about speed, and we are delivering quickly on the government’s desire to grow domestic expertise in electric vehicle technologies, such as batteries and electric motors,” Stephens said.</p>
<p>Similar to today’s internal combustion engines, automotive electric motors require an unparalleled combination of exceptionally low noise, vibration and harshness (NVH); high reliability and affordability that is achievable only by understanding the entire value chain. In addition to growing in-house capabilities, GM will continue to purchase and co-design electric motors with suppliers.</p>
<p>“This is a strategy we use today with batteries,” Stephens said. “We are partnering with suppliers to create innovations faster than ever before. Our goal is simply to establish GM as a leader in automotive electric motors. We see that leadership as a key enabler – both to our long-term success and to our nation’s move away from oil dependence.”&#8221;</p>
<p>Source: <a href="http://media.gm.com/content/media/us/en/news/news_detail.print.GMCOM.html/content/Pages/news/us/en/2010/Jan/0126_electric_motor" target="_blank">Press Release</a></p>
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		<title>ZAP, Jonway Partner to Target China Electric SUV Market</title>
		<link>http://www.gsjournal.com/2010/01/zap-jonway-partner-to-target-china-electric-suv-market/</link>
		<comments>http://www.gsjournal.com/2010/01/zap-jonway-partner-to-target-china-electric-suv-market/#comments</comments>
		<pubDate>Sun, 24 Jan 2010 03:57:24 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[Electric Car]]></category>
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		<category><![CDATA[California]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Jonway]]></category>
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		<category><![CDATA[Zap]]></category>

		<guid isPermaLink="false">http://www.gsjournal.com/?p=945</guid>
		<description><![CDATA[According to the press release, &#8220;US electric vehicle pioneer ZAP (OTCBB: ZAAP) and China auto manufacturer Zhejiang Jonway Automobile Co. Ltd. announced a commercial agreement to produce electric sport utility vehicles (SUVs), cars and other electric vehicles in China for domestic and global distribution. ZAP and Jonway partnered on the production of the 5-door Jonway [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_946" class="wp-caption alignleft" style="width: 460px"><a href="http://www.gsjournal.com/wp-content/uploads/2010/01/zapcar2008.jpg"><img class="size-full wp-image-946" title="NEWZAPCAR Slick_06-08.cdr" src="http://www.gsjournal.com/wp-content/uploads/2010/01/zapcar2008.jpg" alt="zapcar2008 ZAP, Jonway Partner to Target China Electric SUV Market" width="450" height="300" /></a><p class="wp-caption-text">Zapcar - 2008 Xebra </p></div>
<p>According to the press release, &#8220;US electric vehicle pioneer ZAP (OTCBB: ZAAP) and China auto manufacturer Zhejiang Jonway Automobile Co. Ltd. announced a commercial agreement to produce electric sport utility vehicles (SUVs), cars and other electric vehicles in China for domestic and global distribution.</p>
<p>ZAP and Jonway partnered on the production of the 5-door Jonway A380 SUV, integrating the latest AC propulsion and lithium battery system technologies to produce a high performance mid-range electric vehicle (EV) that ZAP intends to offer to the fleet market in China. Jonway currently manufactures several thousand units per month of its A380 compact SUV in 3- and 5-door models and is expanding its product line with new model sedans and other automobiles.</p>
<p>The agreement with Jonway is part of a multi-phase business plan ZAP is implementing to target the China electric vehicle market. ZAP chose the Jonway partnership in part because last year Jonway produced one of the first vehicles made in China to meet international standards of quality, including ISO 9000, China Compulsory Certification (CCC) and most recently passing certification for import to the European Union. The Taizhou-based automaker markets and sells vehicles in China through a network of over 600 auto dealerships. Jonway has the capacity to produce up to 50,000 vehicles per year currently at its facilities in Taizhou with capacity and support from the government to expand as the business scales.</p>
<p>ZAP and Jonway believe the partnership will leverage ZAP&#8217;s long-standing history in electric vehicles, experience in systems integration and worldwide sales for a broad range of EVs. Under the exclusive agreement, ZAP and Jonway take the electric drive systems designed by ZAP and integrate them into the reengineered EV SUV that will be produced by Jonway. ZAP will perform research and development of the core technology in Santa Rosa, California and license the technology for this partnership. ZAP and Jonway will jointly market and sell electric vehicles in China, North America and Europe to broaden market reach.</p>
<p>In 2009, China overtook the United States as the world&#8217;s largest automobile market with sales increasing 46 percent from 2008 to 13.6 million vehicles in 2009, according to the China Association of Automobile Manufacturers.</p>
<p>ZAP hopes to leverage a stimulus from the government for plug-in forms of transportation. The Chinese State Council General Office announced that it intends to raise its annual production capacity to 500,000 all-electric cars, hybrids and buses by the end of 2011. To stimulate the growth, China&#8217;s Economic Construction Department has put in place a 60,000 RMB, approximately US$8,800, manufacturers subsidy per electric vehicle produced and sold in China. &#8221;</p>
<p>Source: <a href="http://www.marketwire.com/press-release/ZAP-Jonway-Partner-to-Target-China-Electric-SUV-Market-1105264.htm" target="_blank">Press Release</a></p>
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		<title>Hitachi Develops Lithium-ion Batteries for Plug-in Hybrid Electric Vehicles</title>
		<link>http://www.gsjournal.com/2010/01/hitachi-develops-lithium-ion-batteries-for-plug-in-hybrid-electric-vehicles/</link>
		<comments>http://www.gsjournal.com/2010/01/hitachi-develops-lithium-ion-batteries-for-plug-in-hybrid-electric-vehicles/#comments</comments>
		<pubDate>Wed, 13 Jan 2010 06:38:26 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[Electric]]></category>
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		<category><![CDATA[Autmotive]]></category>
		<category><![CDATA[Hitachi]]></category>
		<category><![CDATA[Hybrid]]></category>
		<category><![CDATA[Lithium Ion]]></category>

		<guid isPermaLink="false">http://www.gsjournal.com/?p=915</guid>
		<description><![CDATA[According to the Press Release, &#8220;Hitachi, Ltd. (NYSE:HIT / TSE:6501,hereinafter Hitachi) today announced that Hitachi and Hitachi Vehicle Energy, Ltd. ,which develops and manufactures lithium-ion batteries for automotive applications, such as hybrid electric vehicles, have developed ithium-ion batteries for plug-in hybrid electric vehicles, a first for the Hitachi Group. These new batteries were developed in [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-916" title="Hitachi" src="http://www.gsjournal.com/wp-content/uploads/2010/01/Hitachi.jpg" alt="Hitachi Hitachi Develops Lithium ion Batteries for Plug in Hybrid Electric Vehicles" width="400" height="300" /></p>
<p>According to the Press Release, &#8220;Hitachi, Ltd. (NYSE:HIT / TSE:6501,hereinafter Hitachi) today announced that Hitachi and Hitachi Vehicle Energy, Ltd. ,which develops and manufactures lithium-ion batteries for automotive applications, such as hybrid electric vehicles, have developed ithium-ion batteries for plug-in hybrid electric vehicles, a first for the Hitachi Group. These new batteries were developed in response to the growing demand for environment-friendly vehicles resulting from the increasingly strict regulations on automobile exhaust emissions around the world. Starting from the spring of 2010, the company will begin shipping samples to automobile manufacturers in Japan and overseas.</p>
<p>Plug-in hybrid electric vehicles (PHEVs) have two running modes: an EV (electric vehicle) mode, in which the vehicle runs on a motor alone, and an HEV (hybrid electric vehicle) mode, in which the vehicle is driven by both the engine and the motor. PHEVs offer dramatically improved gas mileage and reduced exhaust emissions, and so are considered a strong contender among environment-friendly vehicles of the future. The newly developed lithium-ion batteries offer the high performance and reliability required for use in PHEVs, achieving both high energy (durability; contribute to gaining cruising distance) and high output (instantaneous force) performance. In the future, Hitachi will make preparations for the shift to volume production, incorporating the expertise that it has accumulated over many years through its Monozukuri technologies and its experience in global markets.</p>
<p><strong>The newly developed lithium-ion batteries offer the following unique features:</strong><br />
First, they have an electric capacity of 25Ah, so can run for about 20 km in EV mode, using the motor alone. This represents 4-5 times the capacity of the lithium-ion batteries for hybrid electric vehicles (HEVs) that Hitachi has been developing up to now.<br />
Third, the batteries incorporate a heat-resistant separator that prevents internal short-circuits and dramatically improves safety. The separator is a key component of lithium-ion batteries that separates the cathode and the anode, and at the same time maintains ionic conductivity. Because the electric capacity of PHEV batteries is considerably higher than that of HEV batteries, consideration for safety becomes even more important. The heat-resistant separator adopted in these new batteries was specially designed and developed for automotive applications, based on ceramic separator technologies.</p>
<p>To accommodate larger battery sizes, a variety of simulation technologies, including structural analysis and vibration analysis, have been utilized to increase battery strength and enhance the collector structure. In collaboration with Hitachi Research Laboratory and the Mechanical Engineering Research Laboratory, Hitachi has achieved a battery structure with an even higher level of reliability than previous units.</p>
<p>In 2000, the Hitachi Group became the first in the world to begin volume production of safe, high-performance, long-lasting automotive lithium-ion batteries. Since then, it has brought a cumulative total of 900,000 cells to the market, mainly for commercial hybrid buses and trucks, as well as for railway cars and other applications. The lithium-ion batteries being released today will serve to further expand the range of applications, not only in automobiles, but also in the Social Innovation Business, which is a core area of business for the Hitachi Group; for example, in railways, construction and industrial equipment, power storage devices, and other industrial fields. To achieve this goal, Hitachi will provide customers with optimum solutions in the form of battery systems that also incorporate control devices.</p>
<p>Hitachi Automotive Systems, Ltd. (President and CEO: Kunihiko Ohnuma) will undertake sales of these automotive lithium-ion batteries. Hitachi will also display lithium-ion batteries for plug-in hybrid electric vehicles at the 1st International Rechargeable Battery Expo, which will be held at Tokyo Big Sight from March 3-5, 2010.</p>
<p>These development activities used some of the results of research contracted by the New Energy and Industrial Technology Development Organization (NEDO). Hitachi has been participating in a national project related to large-scale lithium-ion batteries being promoted by NEDO and the Japanese Ministry of Economy, Trade and Industry since 1992, and will continue its efforts to incorporate the results of such contracted research into practical applications as quickly as possible.&#8221;</p>
<p>Source: <a href="http://www.hitachi.com/New/cnews/100112.html" target="_blank">Hitachi Press Release</a></p>
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		<title>Tesla hires Fiat strategist to head European operations</title>
		<link>http://www.gsjournal.com/2010/01/tesla-hires-fiat-strategist-to-head-european-operations/</link>
		<comments>http://www.gsjournal.com/2010/01/tesla-hires-fiat-strategist-to-head-european-operations/#comments</comments>
		<pubDate>Fri, 08 Jan 2010 03:59:51 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[Electric Car]]></category>
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		<category><![CDATA[Electric Cars]]></category>
		<category><![CDATA[Elon Musk]]></category>
		<category><![CDATA[Fiat]]></category>
		<category><![CDATA[Tesla]]></category>

		<guid isPermaLink="false">http://www.gsjournal.com/?p=889</guid>
		<description><![CDATA[According to their press release, &#8220;Tesla Motors has hired former Fiat executive Cristiano Carlutti to lead the electric vehicle manufacturer&#8217;s fast-growing European operations. Carlutti, who began this week as Tesla&#8217;s vice president of European sales and operations, has a unique background encompassing sales, marketing, branding and public relations. He has lead mission-critical divisions at Fiat, [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.gsjournal.com/wp-content/uploads/2009/11/800px-Tesla_Roadster.JPG"><img class="alignright size-medium wp-image-528" title="800px-Tesla_Roadster" src="http://www.gsjournal.com/wp-content/uploads/2009/11/800px-Tesla_Roadster-300x202.jpg" alt="800px Tesla Roadster 300x202 Tesla hires Fiat strategist to head European operations" width="300" height="202" /></a></p>
<p>According to their press release, &#8220;Tesla Motors has hired former Fiat executive Cristiano Carlutti to lead the electric vehicle manufacturer&#8217;s fast-growing European operations.</p>
<p>Carlutti, who began this week as Tesla&#8217;s vice president of European sales and operations, has a unique background encompassing sales, marketing, branding and public relations. He has lead mission-critical divisions at Fiat, served as CEO of an Italian start-up and served on the organizing committee of the XX Winter Olympic Games.</p>
<p><em>“Cristiano has a solid track record of success at one of the world&#8217;s largest automakers and an affinity for leading dynamic, entrepreneurial organizations &#8212; a rare combination that makes him a great fit at Tesla as we expand,&#8221; said Tesla CEO Elon Musk.</em></p>
<p>Carlutti first joined Fiat in 1995 as a marketing analyst and rose to the vice president level, most recently overseeing the strategy and operations of the rent-a-car and used car department for European markets. Carlutti was also in charge of a €150 million program which established a network of company-owned showrooms throughout Europe.</p>
<p>Additionally, Carlutti served on the Organizing Committee of the XX Winter Olympic Games in Turin, Italy. As managing director of media operations for the 2006 games, Carlutti helped to create and manage a €13 million media operation with 20 venues serving more than 3,000 journalists.</p>
<p>Previously, Carlutti was CEO of Autocontact Italia, where he was in charge of reselling and servicing more than 90,000 vehicles per year. He lead the organization&#8217;s marketing and branding initiatives for manufacturers including Fiat, Renault, Peugeot, Daimler and BMW.</p>
<p>&#8220;Europe has some of the world&#8217;s most discerning drivers as well as progressive programs for electric vehicles, making Tesla uniquely well positioned in this market,&#8221; Carlutti said. &#8220;I look forward to combining my automobile industry expertise with my passion for the environment, and it&#8217;s thrilling to be part of this innovative, fast-moving Silicon Valley company.&#8221;</p>
<p>San Carlos, Calif.-based Tesla has delivered about 1,000 cars to customers throughout Europe and the United States. Tesla&#8217;s European operations are headquartered in Windsor, UK. Tesla operates company-owned showrooms in London, Munich and Monaco.</p>
<p>Carlutti, who has a degree in business administration from the University Luigi Bocconi in Milan, is fluent in English, French and Italian, and he has lived in Germany, Russia, Ireland and the United States.&#8221;</p>
<p>Source: <a href="http://www.teslamotors.com/media/press_room.php?id=2209" target="_blank">Tesla Press Release</a></p>
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		<title>Toyota Develops Solar Charging Stations for EVs</title>
		<link>http://www.gsjournal.com/2010/01/toyota-develops-solar-charging-stations-for-evs/</link>
		<comments>http://www.gsjournal.com/2010/01/toyota-develops-solar-charging-stations-for-evs/#comments</comments>
		<pubDate>Thu, 07 Jan 2010 02:42:45 +0000</pubDate>
		<dc:creator>Patrick Lo</dc:creator>
				<category><![CDATA[Automotive]]></category>
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		<category><![CDATA[Toyota]]></category>
		<category><![CDATA[Toyota Prius]]></category>

		<guid isPermaLink="false">http://www.gsjournal.com/?p=885</guid>
		<description><![CDATA[Toyota Industries Corp. (TIC), the parent company of Toyota Motors, has laid plans to develop a solar charging station network throughout Toyota City in the Aichi Prefecture. Twenty-one stations in eleven locations are set to be built by April 2010 after which they will be thoroughly tested with Toyota’s very own Prius fleet. The stations [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-886" src="http://www.gsjournal.com/wp-content/uploads/2010/01/toyota.png" alt="toyota Toyota Develops Solar Charging Stations for EVs" width="150" height="102" title="Toyota Develops Solar Charging Stations for EVs" /></p>
<p>Toyota Industries Corp. (TIC), the parent company of Toyota Motors, has laid plans to develop a solar charging station network throughout Toyota City in the Aichi Prefecture. Twenty-one stations in eleven locations are set to be built by April 2010 after which they will be thoroughly tested with Toyota’s very own Prius fleet.</p>
<p>The stations will be connected to the grid while receiving power generated from its 1.9 kW solar panels and stored in an 8.4 kWh battery. Additionally, the excess power generated can be used to operate other facilities in the system or sold to utility companies.</p>
<p>During the 41st Tokyo Motor Show late October of last year, TIC revealed its ambitions to make these charging stations work seamlessly with the developing charging infrastructure. Standardization is key cog in insuring that the transition for EVs and the like goes as smoothly as possible. Aside from its basic charging functions the charging stand has also been designed to cater to the average consumer.  Thus it will support electronic billing and relay basic information such as usage conditions of the charging service and amount of power used.</p>
<p>Although it is a fairly small project at the present moment the success TIC hopes to bring will serve as a springboard from which projects of broader scope can be realized. Its innovation is matched only by its brilliance since it can spawn a new form of covered parking structures. Imagine a parking lot filled with solar charging stations such as these that simultaneously provide shaded parking and a full recharge for your electric car while you work or shop.</p>
<p>Granted this is not a revolutionary invention, but certainly be an imaginative convenience for the coming age of electric vehicles. TIC has also been working tirelessly to upgrade the Prius in time for testing. Some of the upgrades include: smaller onboard chargers with higher efficiency, reduced cooling device by two-thirds, and developing a DC-DC converter.</p>
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