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GE doubles down on A123, in for $55 million

digg_url = 'http://digg.com/business_finance/GE_doubles_down_on_A123_battery_maker_in_for_55_million'; GE had already demonstrated to us that it had an affinity for lithium ion battery maker A123 Systems with its $20 million investment. Now comes news that the corporate giant had made a 6th equity investment in the company in the amount of $30 million. This fiscal participation in A123's $102 million Series E round of financing makes GE the proud owner of nine per cent of the innovative company and its largest single investor with a total of ... Read more →

Chrysler working with General Electric on hybrid and battery technology Jeremy Korzeniewski

General Electric has been building hybrids for many years. Its Evolution Series of locomotives are some of the most efficient currently on the market, and the giant company has plans for a ...

GE sees the electric car light, invests in Th!nk and A123 Domenick Yoney

Just as I thought I was recovering from the shock of the new Th!nk Ox concept announcement, today's press release from GE made me feel like I was caught up in a Ronco commercial, "But wait, there's ...

Video: GE not making car that runs on garbage (Al Gore on 30 Rock) Lascelles Linton

Al Gore made a guest appearance on the TV show "30 Rock" as part of NBC's Green Week. The story in the episode included Gore being told GE is making a "trash-powered car" and Alec Baldwin telling ...

Use your Ecomagination to ask GE an ecoquestion Jeremy Korzeniewski

With all of our eco-conscious viewers who are concerned with the environment, I am sure that a few of you have some questions regarding GE's green technologies. Consider that GE makes jet engines and ...

Geneva Motor Show: Hyundai's recyclable QarmaQ plastic concept 2 years ago on Autoblog Green

Click on the image for a gallery of high-res images of Hyundai's recyclable QarmaQ concept. Click here to see Autoblog's much larger gallery. We reported on Hyundai's recyclable QarmaQ concept back in mid-February. Now that the Geneva Motor Show is under way, Hyundai have released full details of ...

Wired NextFest Report: Wrap-up and more advanced vehicles 3 years ago on Autoblog Green

(Editor's note: to read the rest of Derrick's NextFest coverage, click here) Overall, Wired's NextFest certainly wasn't the Paris Motor Show, nor was it meant to be. Instead, it was a gathering of new technologies in many different fields. On the positive side, I'd say that if there was any ...

GE works on cheaper hydrogen electrolysis 3 years ago on Autoblog Green

Ask any pragmatic member of the automotive community when we might see a hydrogen-powered vehicles (fuel cell or internal-combustion engine), and the answer will probably range from "several years" to "several decades". General Electric looks to be trying to push that towards the lower end of the ...


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