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Hyundai investing $3.3 billion in green technologies by 2013

Korean automaker Hyundai knows how it can meet South Korea's upcoming new emissions and fuel efficiency legislation: by spending $3.3 billion between now and 2013. About $1.8 billion of that figure will be dedicated to the development of hybrid vehicles, another $1.1 billion to improve overall engine efficiency, and the remainder will be used on energy facilities to cut emissions. Hyundai joins other local companies in meeting the government's standards. Samsung, for example, announced $4.3 billion for investing in green technologies. The ... Read more →

World financial mess slowing South African electric car plans Domenick Yoney

The credit crunch is not only playing havoc with plans at Tesla and other green (or not) car companies. Indeed, the effects of the financial crises are global and so it comes as little surprise that ...

Fisker closes $65 million series funding round Sam Abuelsamid

Fisker Automotive has been quiet for the past two months since the announcement that the cars would be built in Finland by Valmet. As we know, mass producing cars is an enormously expensive ...

Tesla takes in another $45 million in VC money Sam Abuelsamid

The money continues to roll in for Tesla Motors. They just completed their fourth round of investment funding taking in another $45 Million primarily from venture capital fund Technology Partners and ...

Global clean energy markets to exceed $220 Billion by 2016 Dane Muldoon

The sixth annual Clean Energy Trends report has been released which predicts a four-fold increase in the global clean-energy market over the next decade from $55.4 billion in revenues in 2006 to more ...

Hyundai investing $3.3 billion in green technologies by 2013 4 months ago on Autoblog Green

Korean automaker Hyundai knows how it can meet South Korea's upcoming new emissions and fuel efficiency legislation: by spending $3.3 billion between now and 2013. About $1.8 billion of that figure will be dedicated to the development of hybrid vehicles, another $1.1 billion to improve overall ...

World financial mess slowing South African electric car plans 1 year ago on Autoblog Green

The credit crunch is not only playing havoc with plans at Tesla and other green (or not) car companies. Indeed, the effects of the financial crises are global and so it comes as little surprise that Optimal Energy, the South African company that recently showed off it's all-electric Joule at the ...

Fisker closes $65 million series funding round 1 year ago on Autoblog Green

Fisker Automotive has been quiet for the past two months since the announcement that the cars would be built in Finland by Valmet. As we know, mass producing cars is an enormously expensive proposition which means any company that wants to get into the business has to raise some serious cash. With ...

Tesla takes in another $45 million in VC money 2 years ago on Autoblog Green

The money continues to roll in for Tesla Motors. They just completed their fourth round of investment funding taking in another $45 Million primarily from venture capital fund Technology Partners and Chairman Elon Musk. The cash will be used to help fund the development work on the WhiteStar sedan, ...

Global clean energy markets to exceed $220 Billion by 2016 2 years ago on Autoblog Green

The sixth annual Clean Energy Trends report has been released which predicts a four-fold increase in the global clean-energy market over the next decade from $55.4 billion in revenues in 2006 to more than $226.5 billion by 2016. Tracked by the report are four benchmark technologies which can all ...


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