By Jonathan Read •
October 12, 2009
While Electric Vehicles (EVs) gear up to hit Main Street next year, EVs are already rolling through Wall Street.
An example is the recent (and successful) initial public offering (IPO) by the American battery maker A123 (AONE). A123 provides lithium-based batteries for EVs, and through its IPO, has now provided the finance community with one of the first mainstream opportunities to invest in a pure EV play. The overwhelming response from the “Street” reflects tremendous market confidence in the future of the EV business.
By Jonathan Read •
August 26, 2009
-Above: the Nissan “Leaf” Electric Vehicle (learn more on the Nissan/eTEC partnership).
With $99.8 million from the Federal Government, ECOtality is on a mission to make America plug-in ready.
There’s been a tremendous flurry of activity in recent weeks with President Obama’s announcement of $2.4 billion in grants to accelerate the manufacturing and deployment of the next generation of U.S. batteries and electric vehicles. We at ECOtality and our subsidiary Electric Transportation Engineering Corporation (eTec) are thrilled to be a part of that activity as the recipients of $99.8 million grant for the largest electrification transportation project in history.
Our history in electric transportation dates back to 1989 and we have worked on every EV initiative in North America since then. Today, through our grant from the federal government, we’re embarking on an exciting project to truly make America plug-in ready: we are partnering with Nissan to deploy 5,000 zero-emission battery electric vehicles and 12,750 charging stations in five markets across the United States.
