DETROIT (AP) — Stan Ovshinsky, the self-taught inventor who developed the nickel-metal hydride battery used in the hybrid vehicle industry, has died at his home in suburban Detroit after a fight with cancer. He was 89.
According to a new study by ECOtality, hybrid Chevy Volt owners tend to worry more about having to visit a filling station than owners of the electric Nissan Leaf, The New York Times reports.
Two Republican senators who raised concerns about the now-scuttled purchase of bankrupt advanced battery maker A123 Systems by a Chinese company on Tuesday renewed their concerns over continued federal funding.
A123 filed for bankruptcy as part of a deal to sell its automotive business, including two Michigan factories, to Johnson Controls, Inc. About $117 million in stimulus money remains to be given to the company from a $249 million manufacturing grant awarded under the economic stimulus in 2009.
The bankruptcy of Energy Department-backed auto battery maker A123 Systems on Tuesday shoved President Barack Obama's renewable energy agenda into the spotlight, just hours before his second debate with Republican challenger Mitt Romney.
But unlike the failure of solar panel maker Solyndra, the original requests for federal money for A123 enjoyed bipartisan support. And Democrats immediately sought to use those facts to blunt the fallout.
Despite the Obama administration's $5 billion investment in electric cars, total sales since 2011 totaled fewer than 50,000 through September, drawing harsh criticism from the Romney campaign, Bloomberg reports.
DETROIT (AP) — The U.S. operations of electric car battery maker A123 Systems filed for bankruptcy protection and its automotive assets are being acquired by Johnson Controls for $125 million.
The announcement Tuesday comes one day after A123 warned in a regulatory filing that it likely would miss some debt payments and could be headed for bankruptcy court.
JERUSALEM (AP) — Israeli electric car company Better Place says its founder has left the board of directors a week after stepping down as chief executive.
The startup company Lit Motors is planning the launch of its C-1 electric motorcycle, which can travel up to 200 miles on a full charge, The New York Times reports.
The American Petroleum Institute said the EPA ignored federal law by shortening the public comment period for its regulation to cut sulfur content in fuel, The Hill reports.
Sen. Sheldon Whitehouse, D-R.I., apologized for referencing the Oklahoma tornadoes while criticizing Republicans on climate change during his weekly Senate speech, Fox News reports.
Harold Brooks, a researcher at the National Severe Storms Laboratory, said powerful tornadoes can't be blamed on climate change without more data, Bloomberg reports.
Despite successful tornado warnings in Oklahoma, Congress currently plans to let furloughs for National Oceanic and Atmospheric Administration forecasters take effect, Politico reports.
Tesla Motors' plan to repay its Energy Department loan as early as today offers President Obama a major victory after two years of criticism for his clean-energy plans, Bloomberg reports.
A poll from Yale and George Mason universities found a majority believe national leaders should put priority on combatting global warming and developing clean energy, the Los Angeles Times reports.
The European Union's probe into possible energy price manipulation has brought focus to oil companies' trading desks, units that sometimes take more risks than Wall Street firms, Reuters reports.
Indonesian authorities arrested Chevron executive Bachtiar Abdul on corruption charges despite a 2012 court order clearing him of wrongdoing, Reuters reports.
Chinese Premier Li Keqiang said his country and Pakistan should expand cooperation on power generation to help alleviate Pakistan's energy crisis, Reuters reports.
