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gm ventures

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    Report: Legal trouble casts shadow on cheap, 300-mile Envia battery for EVs

    A bit shy of two years ago, battery startup Envia Systems looked quite promising. The Silicon Valley company had produced a 400-watt-hours-per-kilogram lithium ion battery and claimed it could be placed inside an electric car that would cost $20,000 and be able to travel 300 miles on one charge. ...

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    Official: Electric-bus maker Proterra gets $23 million in latest financing round

    This fast-charging bus maker got some fast money, as Proterra has raised $23 million in a recent round of equity financing. Proterra, which says it makes the world's first battery electric bus built especially for fast chargers, has tripled orders of its EcoRide model within the past year. For ...

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    Report: GM Ventures invests in new lightweight NanoSteel

    Cutting pounds while making cars safer and stronger is a pursuit of all auto companies. Creative uses of aluminum alloys and exotic materials like carbon fiber help reduce weight and increase fuel economy and/or performance. But both aluminum and carbon fiber are expensive. Steel has been around ...

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    GM Ventures, Itochu invest $4.2m in Michigan battery company Sakti3

    A little over a month ago, General Motors Ventures announced its first investment: an undisclosed amount in Indiana-based plug-in hybrid van maker Bright Automotive. Today, GM Ventures revealed its second partner: Sakti3, a somewhat secretive lithium-ion battery developer based in Ann Arbor, MI. ...

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    GM Ventures invests in Bright Automotive for strategic partnership

    Bright Idea PHEV – Click above for high-res image gallery
    Two months after establishing a new venture capital subsidiary, General Motors has made its first strategic investment with the announcement today that GM is hooking up with Bright Automotive. Bright has been showing a plug-in hybrid ...


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