Battery

GreenTech Automotive raises $47 million in equity offering

6:31 am U.S. ET | Oct. 1, 2014

GreenTech Automotive Inc., the battery-powered carmaker previously led by Virginia Gov. Terry McAuliffe, raised $47 million in an equity round. Ninety-four investors contributed to the financing, according to a filing Monday with the U.S. Securities and Exchange Commission....
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LINDSAY CHAPPELL

BLOG: Scrap Nissan's Leaf battery plant? Hardly

3:23 pm U.S. ET | Sept. 17, 2014

News broke this week that Nissan and Renault are debating the future of their electric-vehicle battery technology sourcing. Frankly, it would be bigger news if the two automaker partners weren't debating it....
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Tesla tax breaks to be debated by Nevada lawmakers

6:37 am U.S. ET | Sept. 10, 2014

Nevada lawmakers convened a special legislative session in Carson City today to consider a package of tax breaks estimated at up to $1.3 billion aimed at cementing a deal with Tesla Motors for a $5 billion battery plant....
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Tesla to announce plans for 'gigafactory' in Nevada

4:13 pm U.S. ET | Sept. 3, 2014

Tesla Motors is expected to announce Thursday that it has selected Nevada to be the site of its "gigafactory," the large-scale lithium ion battery manufacturing plant estimated to cost up to $5 billion to build....
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California lawmakers adjourn without passing Tesla aid

6:34 am U.S. ET | Aug. 30, 2014

California lawmakers adjourned for the year without coming up with incentives to entice Tesla Motors to build a $5 billion battery plant in the state....
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A123 hires former JCI executive as chief technology officer

7:49 am U.S. ET | Aug. 19, 2014

A123 Systems hired former Johnson Controls executive Patrick Hurley as its new chief technology officer....
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POWER PLAYERS

Carmakers, utilities team up so EV batteries can supply electric grid

12:01 am U.S. ET | Aug. 18, 2014

As electric vehicles have gained popularity in some circles, so has the idea of using their batteries to stabilize the electric grid -- and paying the cars' owners for the help....
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Tesla, Panasonic agree to team on U.S. gigafactory

7:02 am U.S. ET | July 31, 2014

Tesla Motors and Panasonic have agreed to cooperate on the construction and operation of the American carmaker's so-called gigafactory, its envisioned large-scale battery manufacturing plant in the United States....
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Tesla, Panasonic reach agreement on U.S. battery plant, report says

3:42 pm U.S. ET | July 28, 2014

Panasonic has reached a basic agreement with Tesla Motors to initially supply the electric automaker's proposed lithium-ion battery plant in the United States with machinery to make battery cells, the Nikkei said....
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Driver of stolen Tesla that crashed, split in 2, dies

9:43 am U.S. ET | July 10, 2014

The driver of a stolen Model S sedan that crashed and split in two in west Los Angeles nearly a week ago has died. The L.A. County Department of Coroner said today that the driver, Joshua Michael Flot, 26, of Inglewood, Calif., died on Monday....
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