Fitzgerald Selected to Provide New Plug-in Hybrid Conversion Systems

Fitzgerald Auto Malls has been selected as one of only six car dealers in the US to offer exclusive Hymotion L5 Plug-In Prius Conversion Modules from A123Systems. These modules allow the dealership to convert Prius hybrid vehicles into plug-in hybrids capable of 150+ MPG. “We are excited to offer our customers more options to help moderate the... 

GE Helps Commercialize Electric Car with Sixth Investment in Battery Manufacturer A123Systems

GE is recharging the electrification of transportation by making its sixth equity investment in lithium-ion battery manufacturer A123Systems. GE invested $30 million in A123’s $102 million Series E financing, making it the battery manufacturer’s largest single cash investor – at 9 percent ownership. The investments were made by GE Commercial Finance... 

A123Systems IPO Taps into Multi-Billion-Dollar Electric Vehicle Opportunity

With gas prices at $3.70 per gallon and attention from Beijing to Belgium focused on carbon emissions, light electric vehicles (EVs) – from mass-market hybrids like the Toyota Prius to pure electric vehicles like the Tesla Roadster – are a hot topic with the auto and finance industries alike. Earlier this month, lithium-ion (Li-ion) battery manufacturer... 

President of Iceland Assumes Patronage of Driving Sustainability ‘08

The President of Iceland, Mr. Olafur Ragnar Grimsson, will inaugurate Driving Sustainability ‘08, an exclusive international platform for sustainable energy solutions for transport, at Hilton Reykjavik Nordica, Iceland, on September 18 & 19, 2008. Invited as special speaker, the world famous aeronaut and psychiatrist Dr. Bertrand Piccard...