Friday, August 14th, 2009
Electrovaya has recently let us know via press release that they have secured $16.7 million worth of funding thanks to the Ontraio government.
The company in question is based out of Mississauga, Canada and focuses heavily on the development of rechargeable batteries. The press release states that funding is to help Electrovaya continue their battery research efforts in addition to helping them pre-commercialize their offerings.
With all of this funding for battery research provided by governments around the world we better be seeing them put to practical use in the years to come.
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Canada,
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Ontario
Posted in Alternative Energy, Cars, Enviroment, Industry | Comments
Wednesday, June 24th, 2009
A joint effort involving ExxonMobil and Electrovaya has opened the doors for a new kind of car sharing and rental program called AltCar. The said program will be launched at the Maryland Science Center in Baltimore, Maryland.
The car to watch will be the Maya-300, a car that is powered exclusively by lithium-ion battery technology. These new electric vehicles will make up one of the first fleets of all-electric vehicles in a consumer car-sharing and rental program in North America.
“This program is a perfect example of the important role innovative companies and organizations, such as ExxonMobil, Electrovaya and the Maryland Science Center, will play in addressing the world’s need for safe, low emission, fuel-efficient vehicles,” said Sankar Das Gupta, president and chairman, Electrovaya.
With the growing turn towards electric vehicles, it is apparent that the efforts of these two companies and the launch of the Maya-300 will no doubt be welcomed with open arms. As we all try to curb down our carbon emissions and find solutions to fuel problems, a new electric car is certainly something we will all be needing.
(Source) Press
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addressing the world,
baltimore maryland,
battery technology,
car sharing,
carbon emissions,
consumer car,
electric car,
electric vehicles,
electrovaya,
exxonmobil,
fuel efficient vehicles,
gupta,
innovative companies,
joint effort,
lithium,
lithium ion battery
Posted in Alternative Energy, Business, Cars, Concept Cars, Enviroment, Industry | Comments