Posts Tagged ‘nissan leaf’

Companies working on ideas for charging and fueling green cars have been on a roll lately. The streak kicked off last Sunday with Better Place landing $350 million in equity, and continued with SunHydro touting plans to dot east coast highways with hydrogen fueling stations. Now Coulomb Technologies, provider of electric charging stations for plug-in vehicles, has gotten its turn, raising $14 million in a second round of venture funding.

All of these companies have been working out of the limelight for a while now — infrastructure isn’t as sexy as the cars themselves. Coulomb has quietly been installing its ChargePoint Networked Charging Stations one city at a time in North America and Europe. These machines, small enough to be bolted to a roadside street lamp, pump up to 240 volts of AC power or 500 volts of DC power, juicing up drivers’ batteries quickly while they’re on the go — all they have to do is swipe a ChargePoint card, just like a debit card.

But Coulomb says 2010 will be its breakout year, with plans to roll out thousands of new stations across many cities, and to establish footholds in Asia and South America. The recent funding, led by Voyager Capital and Rho Ventures, and including Siemens Venture Capital and Hartford Ventures, should give it the boost it needs to make this happen.

In addition to installing stations in one municipality at a time, the Campbell, Calif., company is also forging partnerships with companies who will make the technology available in their parking lots. Perhaps the biggest boon in this area was the deal with McDonalds to make charging stations accessible for fast food diners with plug-in vehicles. The company also counts Dell, Reliant Energy, DTE Energy and Element Hotels among its strategic partners. In all, it provides charging stations to 120 clients, including cities.

The funding is yet another sign that electric vehicle infrastructure is finally attracting the attention it deserves. For a while, EV makers and enthusiasts alike have been wondering how wide adoption of these cars will occur without the necessary charging and fueling infrastructure already existing in the field. Last year, Coulomb snagged $3.8 million in a first round of funding. The fact that its latest fund-raise tripled this amount is an extremely positive indicator of investor interest.

Now that infrastructure companies are starting to get the resources they need, it will be interesting to watch how competition between them plays out. Better Place, which is also pursuing a similar charging station concept, has focused a lot recently on battery-switching stations, where drivers could swap out depleted batteries for fully-charged models at designated points. This solution is intended to address charging wait times, which could still exceed a half hour with Coulomb’s stations. No would one want to wait a half hour at a gas station, is the thinking.

There is also hydrogen fuel cells to consider. With Toyota, Daimler, General Motors and Honda all working on hydrogen-powered cars, these models could present formidable competition for EVs. SunHydro, a startup planning to use solar energy to generate the hydrogen for fueling stations, seems to have a feasible, affordable plan. How much of the market will it carve out?

Estag Capital provided Coulomb’s first round of funding last year.

By  Camille Ricketts

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Nissan will start taking online reservations for the Leaf in April. Better get in line now; some 50,000 people have already signed up!

Nissan LEAF, the world’s first all-electric, zero-emission car designed for the mass market, and leads up to the start of the vehicle-purchase process. The Nissan LEAF will be available to consumers via lease or sale, in a single transaction that includes the battery. Steps to acquiring a Nissan LEAF are:

REGISTER: Interested people can register for more information about the Nissan LEAF on www.NissanUSA.com. To date, close to 50,000 people have registered on the website. Registrants will be given first priority to reserve a Nissan LEAF.

RESERVE: The reservation process will begin in April, shortly after the announcement of the price of the Nissan LEAF. Upon paying a fully refundable $100 reservation fee, registrants will be among the first in line able to order a Nissan LEAF.

ORDER: Nissan will begin taking firm orders in August, for deliveries when sales begin in the driver’s particular market.

EARLY DELIVERIES: Rollout begins in select markets in December 2010, with vehicles available in all major launch markets quickly thereafter.

“The Nissan LEAF purchase process is effortless, transparent and accessible, offering value with a one-stop-shop approach for everything related to the car, including the assessment, permitting and installation of in-home battery charging units,” said Carlos Tavares, Chairman, Nissan Americas. “We want everyone to feel good about having a car that is affordable, fun to drive and good for the environment.”

Coinciding with this next phase of the Nissan LEAF launch is the debut of Nissan’s initial global marketing campaign, which is called “The New Car.” A first look at the campaign – which illustrates Nissan’s passion about the potential for zero-emission mobility and a better, cleaner world – was shown in New York as part of the culmination of the Nissan LEAF Zero-Emission Tour.

The Nissan LEAF Zero-Emission Tour covered 10,000 miles in the United States and Canada, providing the first opportunity for more than 100,000 people to see and learn about the Nissan LEAF first hand.

“There was a groundswell of grassroots support from coast to coast,” said Tavares. “Everywhere we went, people recognized a new form of mobility – a turning point – and they wanted to be a part of it. The response was spontaneous and diverse. We were joined by mayors and government officials, CEOs, utility partners, car enthusiasts, students, dealers, media, environmentalists, Twitter users and lots of families.”

Tour Highlights:
Diverse tour stops, stretching from Stanford University to the Kennedy Space Center. Other stops included: Phoenix on New Year’s Eve, in conjunction with the Fiesta Bowl; Qwest Field in Seattle; the Oregon Museum of Science and Industry in Portland; and a charging-station-equipped McDonald’s in Cary, N.C. The tour also stopped at Nissan Americas in Franklin, Tenn; the Smyrna, Tenn., manufacturing facility where the Nissan LEAF will be built starting in 2012; and Nissan Design Americas in San Diego. New York area stops include Madison Square Garden (Feb. 10), and upcoming public displays at the Time Warner Center (Feb. 12) and the Liberty Science Center (Feb. 13).

Due to the high level of interest, Atlanta and Boston were added to the original tour schedule, bringing total cities to 24.

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PHOENIX, Jan 28, 2010 — BUSINESS WIRE

U.S. Department of Energy Secretary Steven Chu today recognized ECOtality, Inc. (OTCBB: ETLE), and its wholly owned subsidiary, eTec (Electric Engineering Transportation Corporation), for the company’s work toward establishing robust electric vehicle charging infrastructure in the United States. Secretary Chu made his remarks at the Washington Auto Show in Washington, D.C. today during a news conference to announce financing that will enhance U.S. electric vehicle manufacturing.

“eTec is working on the largest EV infrastructure deployment in the world, and we are working very closely to get EVs on the road,” said Secretary Chu. “We need charging stations and infrastructure – it is very important.”

Secretary Chu announced that the Department of Energy has closed a $1.4 billion loan agreement with Nissan North America, Inc. The loan will support the modification of Nissan’s Smyrna, Tenn., manufacturing plant to produce the Nissan LEAF, a zero-emission, all-electric vehicle, and the lithium-ion battery packs to power them.

In August 2009, ECOtality’s subsidiary, eTec, was awarded a federal stimulus grant of nearly $100 million from the U.S. Department of Energy (DOE). The grant is funded through the American Recovery and Reinvestment Act (ARRA), with the goal of creating thousands of new jobs, preserving existing jobs and jump-starting the economy.

The $100 million DOE grant is facilitating The EV Project, the largest rollout of electric vehicle infrastructure in the United States. With a match from project partners, The EV Project has a total value of more than $200 million, and will support electric vehicles with home-base, commercial and public chargers in major markets in five states: Arizona (Phoenix & Tucson areas), Washington (Seattle area), Oregon (Portland, Salem, Corvallis and Eugene), California (San Diego) and Tennessee.

eTec President and CEO Don Karner attended the announcement as a guest of Secretary Chu. Karner said, “The EV Project is paving the way for widespread acceptance of electric vehicles, and we are proud to be working with the Department of Energy to achieve the goal to create jobs and end our dependence on foreign oil.”

For more information about The EV Project, please visit www.theevproject.com.

About ECOtality, Inc.

ECOtality, Inc. (OTCBB:ETLE), headquartered in Scottsdale, Ariz., is a leader in clean electric transportation and storage technologies. Through innovation, acquisitions and strategic partnerships, ECOtality accelerates the market applicability of advanced electric technologies to replace carbon-based fuels. For more information about ECOtality, Inc., please visit www.ecotality.com.

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