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Electric car battery makers hit the skids
It’s not a good time to be an electric car battery maker. On Thursday lithium ion battery maker A123 Systems issued a going concern warning and saw its shares drop by close to 8 percent in trading. The...
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Braemar closes $300M fund for energy tech
At least one venture firm is still standing strong behind energy technology. Ten-year-old Braemar Energy Ventures announced on Wednesday that it has closed its latest third fund, of $300 million, to...
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Today in cleantech: Soft costs of solar, electric cars & carpooling apps
When the Commerce Department imposed tariffs on Chinese solar cells, my colleague Ucilia Wang pointed out that since panels were actually a small part of the cost of installing solar rooftop systems,...
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Chinese auto firm Wanxiang swoops in to rescue (& own) A123
Ailing battery maker A123 Systems has found a savior and potential acquirer. Chinese auto giant Wanxiang says it plans to invest up to $450 million in A123, in a deal that could eventually see Wanxiang...
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How sensors and analytics can boost battery life
While commercial scale battery manufacturing might be struggling in the U.S., innovation is actually alive and well here, and turns out new battery technology is not always about new chemicals or...
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Beleaguered battery maker A123 Systems finally files for bankruptcy
After a tumultuous year, A123 Systems has finally filed for bankruptcy protection after it says it was unable to make a payment on its debt, according to filings, a press release and media reports. The...
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Better Place and A123: Who will rise, who is down for the count?
It’s been a rough last couple of weeks for many cleantech darlings. Two of them epitomize the struggles that the space is seeing today: A123 Systems and Better Place. For one, the fight is over. But...
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A123 auction exposes fears of China, and politicization of electric vehicles
The long awaited auction of the assets of lithium ion battery maker A123 Systems, which is expected to kick off on Thursday, is highlighting both U.S. fears of China as well as the now full-blown...
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Chinese giant Wanxiang wins bid for bankrupt A123 and its battery tech
Chinese auto tech behemoth Wanxiang has won the bidding process in an auction to buy the assets of bankrupt battery maker A123 Systems. On Sunday the companies announced that Wanxiang plans to acquire...
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Electric car startup Coda laying off 50
Following struggles by Better Place, Fisker Automotive and the bankrupt A123 Systems, electric car startup Coda Automotive has laid off 50 workers, according to PluginCars. The car company has...
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Cleantech and investment in 2013
In 2013 cleantech investing will move toward companies serving unsubsidized markets where software plays a role in reducing power consumption. In many ways this is a return to plays for energy...
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Obama calls for action on climate change, clean energy in inauguration speech
Updated: Suggesting that the U.S. could make fighting climate change a priority in his second term, President Barack Obama called out “the threat of climate change” and the need for a “transition” to...
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Chinese companies slowly collecting discounted U.S. electric car assets
Electric car startup Fisker Automotive is reportedly weighing investment and acquisition offers from Chinese auto tech companies. Bloomberg reports that there’s a $350 million offer for 85 percent of...
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Fisker founder Henrik Fisker resigns over disagreements
The founder of electric car startup Fisker Automotive has resigned, citing “major disagreements” with upper management reports Reuters. The news comes at a time when the company has been weighing...
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Electric car charging company Ecotality could file for bankruptcy
Building a market for new technology is never easy, and the one for electric cars has given us ample examples. The latest is coming from charging company, Ecotality, which warned investors Monday that...
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SolidEnergy’s materials could lead to safer, cheaper electric car batteries
A startup that’s recently been spun off from MIT — SolidEnergy — is making materials for lithium ion batteries for electric cars that could make them cheaper, less flammable in the event of an...
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6 things you should know about the market for big batteries
The market for big batteries that store electricity across the power grid or at buildings, as well as power electric vehicles, has long been just around the corner. But hurdles still remain, despite...
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Cleantech 2013: smart meters, solar, and the current investment climate
In some cleantech sectors we’re nearing the end of painful times, but 2013 will still be a challenging year. VC funding remains tight, solar is seeing further consolidation, and the production tax...
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What mattered in cleantech in the fourth quarter 2013
The fourth quarter proved to be a time where incremental markers of disruption impacted utilities, EVs, and green data centers.Related research and analysis from Gigaom Research:Subscriber content....
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Chinese auto giant Wanxiang wins Fisker bid
A Delaware judge approved the sale of bankrupt electric car maker Fisker and its assets to Chinese auto parts giant Wanxiang, according to local reports on Tuesday. Wanxiang, which also bought up...
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