“Absolutely awesome!” is how Jit Bhattacharya the COO of Mission Motors based in San Francisco, CA described a recent test run of their Mission One electric motorcycle. With Tesla already proving that an electric sports car can outperform its gas-powered predecessors, Mission Motors is seeking to show that electric motorcycles are every bit as capable at high-performance endeavors as their four wheeled counterparts.
Thank billions in government funding for helping to lift clean technology investment in the third quarter, said the Cleantech Group and Deloitte in a report Wednesday.
The quarterly analysis reiterated that the recession has kicked but not killed investments in this sector, which remain down 42 percent from the third quarter of 2008. Biotech and IT combined receive less funding than clean tech, which continues its climb from the second quarter, the report noted.
“The two largest venture deals (Solyndra and Tesla Motors) and the largest IPO (A123Systems) this quarter were all recipients of U.S. government funding,” said Cleantech Group managing director Dallas Kachan in a statement.
The Smiths have a Ford, and the Johnsons have a Nissan… but how long will it take the Jones to have a Tesla in your neighborhood?
Tesla Motors, along with Ford and Nissan, were recently awarded loans from the US Energy Department, totaling about $8 billion, to help automakers transition to making more fuel-efficient vehicles. Tesla Motors, which produces high performance, consumer-oriented battery electric vehicles, received $465 million to finance the manufacturing plant for their Model S, as well building a powertrain plant. The Model S, an electric sedan, expected to start production in 2011, will cost roughly $49,900, after a $7,500 tax credit.
Ironic that these pictures come out during lent.
According to the Bible (and the Torah and the Koran), you shouldn’t show the world you are suffering while you are fasting. It should be your own private affair.
Similarly, I don’t think you should wear your green “stripes” by driving around in an aesthetic train wreck (think Toyota Prius and Honda Insight), it is the equivalent of personal green washing to make up for your potentially otherwise extravagant lifestyle (sorry Sanjay, David, Josh… and all my other Prius buddies).
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