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Legal trouble casts shadow on cheap, 300-mile Envia battery for EVs

A bit shy of two years ago, battery startup Envia Systems looked quite promising. The Silicon Valley company had produced a 400-watt-hours-per-kilogram lithium ion battery and claimed it could be placed inside an electric car that would cost $20,000 and be able to travel 300 miles on one charge. It was enough to bring in millions of dollars in

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Electric-bus maker Proterra gets $23 million in latest financing round

This fast-charging bus maker got some fast money, as Proterra has raised $23 million in a recent round of equity financing. Proterra, which says it makes the world's first battery electric bus built especially for fast chargers, has tripled orders of its EcoRide model within the past year. For the record, other companies are work

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GM Ventures invests in new lightweight NanoSteel

Cutting pounds while making cars safer and stronger is a pursuit of all auto companies. Creative uses of aluminum alloys and exotic materials like carbon fiber help reduce weight and increase fuel economy and/or performance.

GM Ventures, Itochu invest $4.2m in Michigan battery company Sakti3

A little over a month ago, General Motors Ventures announced its first investment: an undisclosed amount in Indiana-based plug-in hybrid van maker Sebastian Blanco

GM Ventures invests in Bright Automotive for strategic partnership

Bright Idea PHEV – Click above for high-res image gallery