Cars and Personal Vehicles 
Better Place electric vehicle company raises $350m(0)
Two years after announcing its first car partnership and its first country deployment in Israel, Better Place today announced that it has signed an agreement with an HSBC-led investor consortium for new equity financing of $350 million. The deal marks one of the largest clean-tech investments in history and values Better Place at $1.25 billion.The […]
Lotus develops biofuel hybrid engine
Lotus Engineering, the engineering arm of the iconic British sports car maker, has announced a collaboration with Queen ’s University Belfast and Jaguar Cars Ltd to develop an engine which maximises fuel efficiency when running on renewable fuels. The OMNIVORE concept will employ novel engine architecture to achieve a high thermal efficiency when fuelled on […]
Google invests in electric car Aptera
If you thought green tech was shaping up as the next dot com, then this investment seems to confirm it. Aptera Motors, the California based electric car start-up, has secured funding from Google.org on Tuesday this week and sealed a $24 million series C financing round by Thursday.
Aptera, which plans to use the capital for […]
Electric car restarts British sporting lineage
The Lightning Car Company, based in Peterborough, could be the beginning of a renaissance in British sports cars.
The company’s Lightning GT is due for release later this year and the company claims it will “put British sports car innovation well and truly back on the map”.
The Lightning GT is designed to accommodate the latest battery […]