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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

Although the Company’s intent is to improve its operating efficiencies and to obtain additional financing, there is no assurance that the Company will be able to obtain such financing on favorable terms, if at all, or to successfully further reduce costs in such a way that would continue to allow the Company to operate its business.

Grant 299
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Liquid Metal Battery Corp secures patent rights from MIT

Green Car Congress

Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. This is an important step forward for Liquid Metal Battery Corporation.

MIT 210
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Avis Budget group to acquire car-sharing company Zipcar in cash deal for approximately $500 million

Green Car Congress

In particular, Avis Budget expects significant cost reductions across the fleet life cycle (from procurement to operations and maintenance to disposition, as well as financing), in addition to savings from eliminating Zipcar’s public-company costs. The companies expect substantial synergies in fleet utilization. Source: Avis Budget.

Companies 218
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Xerox Parc’s Engineers on How They Invented the Future—and How Xerox Lost It

Cars That Think

Networks that link personal computers in offices. When the center opened in 1970, it was unlike other major industrial research laboratories; its work wasn’t tied, even loosely, to its corporate parent’s current product lines. If it was a personal computer, you had to be able to build 100.” and Toronto, Ont., Laser printers.

Future 145
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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

BMW CEO Officer Oliver Zipse is set to announce the plan alongside its annual report on March 17, the person said. As part of the deal, GM and SolidEnergy Systems plan to build a prototype production line in Woburn, Massachusetts, for a “high-capacity, pre-production battery by 2023.” – March 11, via CNBC. Kia EV6 | Source: Kia.

Kia 52