Ener1 took the lead among a group of investors that plans to inject $47 million of equity funding into Think Global, the Norwegian electric vehicle producer. Ener1 Chairman and CEO Charles Gassenheimer stated, “Ener1 and Think have collaborated for years on systems development, and today possess a unique ability to bring together category-leading technologies in a fully integrated platform, to suit a wide variety of vehicle applications.”
Ford is now taking orders for electric vehicles. By 2011, the Ford Motor Company will start taking orders for the new Ford Focus EV. Beyond 2011, Ford will offer the popular Focus in a variety of affordable options including hybrid-electric (HEV), plug-in hybrid (PHEV), and battery electric-vehicle (EV).
The smart electric vehicle is symbiotic with the smart grid. The new freeway-speed electric vehicles will also be smart electric vehicles (SEV). They will be smart about using energy inside the vehicle so that it can go 100 miles between charges. The SEV will be smart about navigation options that consider your preferences. The smart gird will be used to encourage cost-effective off-peak charging.
Plug-in Hybrids (PHEV) and Battery Electric Vehicles (EV) are destined for success. Thousands of key players have converged at the Plug-in 2009 Conference in Long Beach, California. In the opening workshop they talked about giving the customer a pleasant, easy-to-use, no hassle, safe and cost effective experience. President Obama has challenged the industry to sell or lease 1,000,000 PHEV & EV by 2015.
President Obama announced 48 new advanced battery and electric drive projects that will receive $2.4 billion in funding under the American Recovery and Reinvestment Act. These projects, selected through a highly competitive process by the Department of Energy, will accelerate the development of U.S. manufacturing capacity for batteries and electric drive components as well as the deployment of electric drive vehicles, helping to establish American leadership in creating the next generation of advanced vehicles.
Car-sharing services are turning toward alternative-fuel vehicles as the technology improves and customers clamor to drive them.In San Luis Obispo, Calif., a service gets underway offering hourly rentals of electric, biodiesel, natural gas and ethanol-powered cars. In August, Baltimoreans will be able to rent a four-passenger electric car that can go 120 miles between battery charges.
Nissan will be the first to have thousands of affordable freeway speed electric vehicles on the highways. The new 2010 Nissan LEAF is a comfortable compact hatchback EV. The Nissan LEAF will build on Nissan’s hybrid-electric success with the Altima Hybrid, which is in currently in the #6 position for U.S. cars with the lowest greenhouse gas emissions.
Toyota will start volume manufacturing of the Plug-in Prius in 2012 according to Reuters. 2012 manufacturing of 20,000 to 30,000 Toyota Prius PHEV are expected. In 2012, Toyota will also start selling the less expensive 2-door FT-EV, a pure battery electric vehicle. In the U.S. in 2012 Toyota will face intense EV competition with Nissan, Ford, and dozens of innovative younger companies such as Tesla.
If you are working at Ford, it looks like the downturn in auto sales is ending. In June, sales fell only 11 percent over a year ago. Oil prices have doubled – fuel economy is back in. Ford helps at the pump with new EcoBoost technology and hybrid technology. “In 10 years, 12 years, you are going to see a major portion of our portfolio move to electric vehicles,” Ford CEO Alan Mulally stated.
It is Ford with the world’s most fuel-efficient SUV – the Ford Escape Hybrid. It is Ford that is now selling a mid-sized hybrid which can be driven to 47 mph in electric vehicle mode – the Ford Fusion Hybrid. It is Ford that is successfully testing the Ford Escape Plug-in Hybrid with major electrical utilities across the nation. It is Ford, not Toyota, which will be selling commercial electric vehicles in the United States in 2010. Through continued advances and strategic partnerships in hybrid-electric, plug-in hybrid, and battery-electric vehicles, Ford is positioned to compete and even lead in growth segments of the auto industry.