Proterra Paves Way for Growth with $30M Investment
June 14, 2011
Written by Editor in Electric, Green Energy, Green Finance, Green Investments, Green News, Green News Feature
According to the press release, “Proterra Inc, a leading maker of zero-emission commercial transit solutions, today announced an investment of $30 million to accelerate the commercialization of its world-leading, fast-charge battery electric transit buses and automated bus charging system. The investment is being led by Silicon Valley venture firm Kleiner Perkins Caufield & Byers (KPCB), [...]
GM Ventures Makes Strategic Investment in Envia Systems
January 30, 2011
Written by Editor in Automotive, Electric, Electric Car, Green Business, Green Finance, Green Investments, Green News, Green News Feature, Hybrid
The press release states, “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 and Bright Automotive Announce Strategic Relationship
August 5, 2010
Written by Editor in Automotive, Green Business, Green Investments, Green News, Green News Feature
According to the press release, “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 [...]
