Remove Bright Automotive Remove Financing Remove Plug-in Remove Purchase
article thumbnail

PHEV conversion company Echo Automotive completes $3M financing, joins CALSTART

Green Car Congress

Echo Automotive, Inc., a developer of technologies enabling the conversion of existing fleet vehicles into plug-in hybrid electric vehicles, completed a $3-million financing with United Fleet Financing, LLC, through a private placement offering and mezzanine financing.

Financing 218
article thumbnail

Electrification Coalition Roadmap Calls for 75% of Light-Duty Vehicle Miles Traveled in the US to Be Electric by 2040

Green Car Congress

Achieving this will require a minimum of 25% of new light-duty vehicles purchased in the US to be grid-enabled vehicles (GEV) by 2020. This is defined as the point at which grid-enabled vehicles represent 25 percent of new LDV purchases. Establish loan guarantees for retooling automotive assembly lines. Click to enlarge.

Light 231
article thumbnail

A 100 m.p.g. truck? A Bright IDEA | Freep.com | Detroit Free Press

Tony Karrer Delicious EVdriven

WEBSTER • FREE PRESS AUTOMOTIVE EDITOR• April 21, 2009 Print this page E-mail this article Share this article Del.icio.us Facebook Digg Reddit Newsvine More evidence that we are approaching an exciting new frontier in the automotive industry will be on display today on Capitol Hill. The 100 m.p.g. Right Now can be seen here.

Detroit 57