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Tag Archives: a123 systems
A123 Recalls Lithium Ion Batteries Shipped to Fisker, Others
The $55 million recall comes after the well-publicized failure during testing of a Fisker Karma that was owned by Consumer Reports. A123, an investor in Fisker, lost almost $260 million in 2011. A123 received a $249.1 million grant from the Department of Energy to reopen plants in Livonia and Romulus, Mich., as well as money and tax credits from Michigan worth more than $100 million. The future of the company, which has never earned a profit, is not clear. Continue reading
Chevrolet to Produce Spark EV All-Electric Vehicle
Chevrolet today announced it will produce an all-electric version of the Chevrolet Spark mini-car – the Spark EV. It will be sold in limited quantities in some U.S. and global markets starting in 2013 in California. The company needs to the CAFE credits from an EV in order to meet impending fuel economy requirements in the U.S. Continue reading
Posted in alternative fuels, auto news, electric vehicles, environment, fuel economy or emissions, new vehicle
Tagged a123 systems, auto informed, auto news, autoinformed, autoinformed.com, automotive news, electric vehicles, EVs, general motors, gm evs, Ken Zino, saic, spark ev, the business of plugging in, zino
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