GE Energy Financial Services and GE Capital’s Equity unit provided $15 million of the amount raised by A123 in this financing. This is GE’s seventh investment in A123, making it the company’s largest cash investor and bringing GE’s cumulative investment to $70 million – increasing its ownership stake to more than ten percent.

In addition to the private capital, A123 is seeking funds under federal and state stimulus and other programs to ramp up its production capabilities in Michigan. The company’s planned production facilities would be capable of supplying battery systems for five million hybrid electric vehicles or a half-million plug-in electric vehicles per year by 2013.

“We’ve accelerated our plans to expand our US manufacturing. We do not believe our country can afford to wait to develop advanced batteries,” said David Vieau, A123Systems’ President and Chief Executive Officer. “With this financing, we will begin an expansion that we expect to accelerate upon receipt of government funds. This expansion would create jobs and enable innovation.”

“A123 has broken through many technical and engineering barriers to advance lithium ion batteries to commercial applications,” said GE Chairman of the Board and CEO Jeff Immelt. “As a company also focused on technology innovation, GE is excited to expand our relationship with this close and long-time partner. GE’s capital, resources and technology expertise will help A123 scale up faster and more efficiently.”

The manufacturing plants are expected to produce battery cells and systems to meet the needs of A123’s broad automotive customer portfolio, which includes several vehicle manufacturers and 19 vehicle models – ranging from hybrid electric vehicles to electric vehicles. A123 was recently awarded battery development and supply contracts for Chrysler’s first generation electric vehicle line-up and the Chinese automaker SAIC Motor Corp.’s new hybrid vehicle models, both scheduled to debut in 2010. A123’s plants are also expected to produce batteries for smart grid applications and grid stabilization.

Beyond providing capital, GE, through GE Global Research, provided system design expertise and supported A123’s stationary power product development for electric grid applications, and helped to design battery system components for A123’ automotive programs.

“The advanced battery market is at a tipping point, and our support of A123 marks the application of GE’s resources at the right time to capture leadership in an essential new field,” said Little. “Our resources, engineering and R&D capabilities will have the potential to play an important role as A123 scales up its operations at this critical juncture. I look forward to joining A123’s Board of Directors and working closely with the company’s experienced team.”

GE’s support of A123 is part of its initiatives on smart grid and ecomagination — the company’s commitment to help its customers meet their environmental challenges while expanding its own portfolio of cleaner energy products.

A123 was born out of the research labs of the Massachusetts Institute of Technology and was funded initially with a $100,000 grant from the US Department of Energy in 2001. Among the companies using A123 batteries, battery systems and technology in the fields of transportation, grid energy storage and portable power are AES, BAE Systems, Better Place, Black and Decker, Cessna, Chrysler, Daimler, Delphi, Duke Energy, General Motors, Google.org, LADWP, Madison Gas and Electric, Magna Steyr, Mercedes Benz High Performance Engines, Procter and Gamble, Sempra and Volvo Truck. Other investors in this round of funding include Conoco Phillips, Detroit Edison, Espirito Santo Ventures, North Bridge, CMEA, Alliance Bernstein, Qualcomm, Sequoia, Novus and MIT.

The by far most extravaganz concept is the GM/Segway PUMA.

The Project PUMA (Personal Urban Mobility & Asscessiblity) seated-not-standing vehicle is a self-balancing, two-person rickshaw with an electric motor and lithium-ion batteries replacing the coolie.

Check out the article for a picture of the PUMA and 9 other fine automobiles that will hopefully change the world.

Tesla is also scouting sites in Munich (Germany) and Monaco. Tesla says it will begin delivering cars to European customers in late June. These cars will comply with all EU safety, environmental and durability regulations.

“We expect that Tesla sales will eventually be split evenly between the US and Europe,” said Tesla CEO, Chairman and Product Architect Elon Musk. “Opening three Tesla stores in Europe this year is a critical part of that plan.”

Greater London is a key customer market and premier showcase for Tesla – not only for the Roadster sports car but the Model S sedan, which Tesla expects to produce in 2011. The Model S, which will be among the world’s first mass-produced, highway-capable EVs, will carry five adults and two children up to 480 kilometers per charge.

Teslas qualify for a $7,500 US federal tax credit and enjoy incentives in several European countries and cities, including waivers of luxury tax, reductions in VAT, free parking and free charging. In London, Teslas are exempt from the congestion charge, a saving of up to £2,000 per year for commuters.

You’ll find the whole story in the press release.

The Swiss auto powerhouse Rinspeed presented the ‘iChange’ at the Geneva Motor Show 2009. It is the world’s first car whose body adapts to the number of passengers on board. For Rinspeed boss Rinderknecht the vehicle is more than just a clever concept car. “The „iChange“ is a symbol for the fundamental changes the auto industry undergoes worldwide. And it is clear that only those companies will survive that have innovative answers for the demands of a new automotive era.”

The visionary Rinderknecht is convinced that the days of gas-guzzling behemoths are coming to an end: “The „iChange“ is a signal for the coming global changes to individual mobility. We need to be ready to meet these challenges with new ideas.” In seconds a streamlined one-seater sports car transforms into a comfortable car with ample room for
three. The trick: At the push of a button the rear end of the teardrop-shaped car magically pops up. “We have designed and built an extremely flexible vehicle. In it we have brought the themes of versatility and continually changing energy demands to their logical conclusions.” The result is a streamlined, lightweight zero-emission car with dramatically reduced energy consumption.

The basic idea behind the ‘iChange:’: The energy demand of a vehicle depends mostly on its weight, the type of engine it uses, and its aerodynamic properties. The engineering-services company Esoro that traditionally builds Rinspeed concept cars has built an extremely lightweight car weighing in at only 1’050 kilograms. To power the car, the Swiss specialists chose an electric motor. The idea of the pop-up rear end was conceived to account for the sizeable effect aerodynamics play in fuel consumption.

While other cars always have to ferry around their puffed-up exteriors that can accommodate up to seven passengers even if they’re just transporting a single soul, the „iChange“ features an adaptive body. The sole driver is conveyed in a teardrop-shaped car that offers optimal aerodynamic properties and thus minimized energy consumption. If more than one person need to be transported the expanding rear provides room for two passengers. As a result of the increased weight and no longer optimal aerodynamics the energy consumption increases – but only for the time passengers are
actually on board.

The energy for the electric motor comes from lithium-ion batteries that are available in two different stack configurations for short- and long-distance driving. The electric motor of the „iChange“ produces 150kW, capable of propelling the car to a top speed of 220 km/h. The sprint from rest to 100 km/h takes just slightly over four seconds. This impressive performance is made possible with the help of a six-speed pre-selector gearbox from the Subaru WRX car.

The central research department of Siemens AG (Corporate Technology, CT) supplied the integration technology for engine/generator, electronics and battery connection interface. Siemens has long been one of the world leaders for energy systems and eco technology with pioneering concepts for electric drive systems. Its products cover the entire electric value-added chain from generation to distribution to consumption. The gearbox and drivetrain are lubricated with eco-friendly lubricants from Motorex. Custom-made lightweight 17” and 18” forged wheels with aerodynamic shrouds are supplied by light-alloy wheel specialists AEZ. Pirelli P Zero tires in size 215/40-17 in front and size 245/40-18 in back provide optimal grip.

An initial walk-around reveals that the concept car has no doors. The entire electrically powered roof section of the car measuring just 1.03 meters in height tilts forward to allow passengers to board. Also gone are such mundane things as a key. Its role is filled by an Apple iPhone, which also controls the most important vehicle functions. The „iChange“ is drastically different than ordinary cars in every detail: At the heart of the concept car lies the groundbreaking next-generation Harman/Kardon infotainment system. The system uses an innovative Intel processor technology that guarantees minimized power consumption. The same is true for the Harman/Kardon high-efficiency audio system.

This revolutionary technology meets highest demands on sound quality, weighs much less than ordinary systems and at the same time uses only a fraction of energy. This opens the door to a new dimension of energy efficiency. The route guidance of the navigation system is also especially ecofriendly: The system calculates the most energy-saving route and displays the directions in realistic 3D view. When it comes to the subject of heating systems, the “iChange” is as versatile as its car body.

Because the electric motor produces too little waste heat, the concept vehicle depends on a high-performance auxiliary heater. The Esslingen-based Eberspächer Group – one of the world’s leading manufacturers of vehicle heating systems – designed two tailor-made ecological heating systems especially for this project: an electric heater as well as an ethanol 85 heater. This optimally accentuates the advantages of the two technologies: The entirely emission free electric PTC heater
proves itself at short distances. Over long distances, the battery-independent alternative fuel-powered heater ensures a significantly longer operating range of the vehicle. As a result, even the heater of the “iChange” variably adjusts to the respective requirements.

The pure wool used in the interior was further refined into high-tech wool by Schoeller using state-of-the-art processes. The wool is spun and died in accordance with the highest eco standards. It provides an extremely extravagant ambiance in the ‘iChange,’ looks stunning and is delicate to the touch. The competence partner Strähle + Hess transformed this natural product into a striking interior. Its surface character and materiality combine to create a symbiosis of shell, firmness and frothy air.

Unconventional techniques create unusual surfaces. The seams of the seats are reversed and the removable seats cushions are adorned with the prototype’s name. Xmobil provided further customization services. While textiles can be found in the „iChange“ in their original form in other areas, they are newly interpreted on seats and cargo floor using various refinement techniques such as braiding and gathering and a combination of both.

Leather strips alternate with technical textiles. The seat cushions are interchangeable, braided felt alternates with technical textiles formed into three-dimensional shapes. This transfers the adaptive concept of the „iChange“ to the interior as well. The diamond-coated anti-slip floor is supplied by abrasives specialist KGS.

The Swiss Federal Ministry for Energy (Bundesamt für Energie) supports the „iChange“ project as a groundbreaking research and development project. Solar panels on the top and sides of the roof provide electricity to the fan to keep temperatures in the „iChange“ comfortably low on hot summer days. The large Sharp solar panels also provide additional eco-friendly charging of the batteries.

With the „iChange“ Rinderknecht, a passionate C. F. Bucherer watch wearer, and his partners once more want to provide food for thought for the automotive industry. The Swiss car visionary: “If we want to maintain our individual mobility in the future we have to rethink the car in its entirety, without taboos. Most of all, we have to take its ecological aspects into consideration.” And in the end everyone has to personally answer the same question: Am I ready and willing to change myself, do and can ‘I change’?

Frank M. Rinderknecht used highly advanced technology and a Swiss-based network of top automotive specialists for his project. So the Rinspeed “iChange” fits perfectly to Esoros motto: engineered by Esoro – What you dream is what you get.
For the tenth time the Swiss engineering company Esoro was hired to serve as general contractor for the entire project. Esoro was responsible for project management, implementation of new technologies, engineering, rendering, design and the manufacturing of the Rinspeed “iChange”. Esoro realized the Rinspeed “iChange” with the help of its competent suppliers.

Starting with initial concepts, it took the highly skilled development team just six months to realize the entire project. For 18 years now, Esoro has been a contract developer of concept vehicles, components and products with main focus on lightweight construction and mobility. During this time it has gained a well-deserved reputation for excellent efficiency and innovative solutions, which is demonstrated by numerous prototypes and serial products.

Esoro develops fiber reinforced components from initial conception up to pre-production samples. In-house specialists optimize the component properties and characteristics throughout the entire development process. Important steps are non-linear, strong orthotropic Finite
Element Analysis and crash simulation.

Another recent development from Esoro is the new E-LFT production technology developed for Weber Automotive. E-LFT makes large scale production of high-strength and lightweight composite parts affordable. E-LFT composite parts weigh more than 30 percent less than comparable steel parts. The tailgate of the actual smart fortwo – the first serial produced E-LFT-component – was produced over 200’000 times since 2007 and received the JEC Innovation Automotive Award 2008.

Furthermore another production process for niche markets, like high performance cars, trucks and caravans is now under development at Esoro. The new and patented process called Melt Embossing offers the possibility to produce high end thermoplastic composite parts with low initial invest for structural and semi-structural applications.

Since the company was founded, Esoro has been working intensively in the field of conception, implementation and tests of alternative and optimized vehicle concepts and drive systems. Esoro is thus one of the few companies in the world with well-founded experience in development and operation of electric, hybrid and fuel cell drives. The Rinspeed “iChange” proves impressively this competence using cutting edge technology.

Electric shape-changer: a sports car or a sports van? Rinspeed “iChange” – forward-looking ideas on AEZ wheels
The Motor Show in Geneva is traditionally the place where Frank M. Rinderknecht presents his visions. For years he and his company Rinspeed have been presenting environmentally-friendly, practical and extravagant creations, which offer possible solutions for the future of automobiles. And now joining him for the third time is: AEZ, the renowned manufacturer of premium light-metal wheels.

Following the eXasis and the underwater car sQuba, this time the perfect alloys had to be found for the “iChange”. Norbert Frohner, the General Manager of AEZ, said the following: “As with the sQuba we have created a new wheel, which works almost directly on the blank forging. The task was just as complex as last year, but also just as different. Although the “iChange” can’t go underwater, it is extremely diverse on land – and that’s precisely what the wheel intends to demonstrate.”

Frank M. Rinderknecht’s latest development is actually a vehicle which adapts to diverse conditions: First and foremost, thought, the “iChange” is a thoroughbred, futuristic sports car. The AEZ alloys support this by looking like the wheels on a classic Bugatti – and that suits the streamlined design of the Rinspeed. In this form the “iChange” is a fun car for one person, but “when the rear is raised as if by magic” it changes in the blink of an eye into a small sports van for three people. The double spoke wheel also takes part in the metamorphosis; it fits the spatial wonder like a glove even when the focus is shifted to the adequate transportation of people.

Dynamics meets versatility – that is this year’s topic from Rinspeed. Rinderknecht says: “If we want to maintain our individual mobility in the future, then we will have to rethink the car disregarding all taboos.” That also means that the vehicle has to adjust to changing conditions. And that explains the name “iChange”. The vehicle concept also comprises, of course, the vehicle technology, as it also has to adjust to future demands. As is normal with Rinspeed, environmental protection is in the foreground: an electric engine with 150kW (204 HP) offers decent thrust without harmful emissions.

With its large, enclosed surface, the wheel from AEZ provides even better aerodynamics – it helps to extend the life-span of the battery and increase the sports potential of the “iChange”. Designers and technicians at AEZ have designed and built an expressive, spectacular alloy for an extraordinary car. It represents the high-point so far in the cooperation between the wheel producer and Rinspeed. Durability on four wheels. Carl F. Bucherer supports the “iChange” by Rinspeed.

For both Frank M. Rinderknecht, the founder of Rinspeed Concept Cars, and Carl F. Bucherer, innovation is the driving force of all production. So it is not surprising that the Lucerne watch manufacturer is supporting the latest of Frank M. Rinderknecht’s projects the variable Rinspeed “iChange”. Over 30 years ago, Frank M. Rinderknecht set himself the goal of fulfilling the dreams of his youth and realizing the vision of the ultimate motor vehicle with his own cult car.

His company, Rinspeed, soon created for itself a unique reputation in the tuning and modification of luxury vehicles for a financially independent clientele. In parallel with this, Rinspeed became famous for producing concept and small series cars. In his partnership with international companies in the high-tech field, Frank M. Rinderknecht actually provided them with a valuable development platform. Common philosophy, new project: Cars which can drive on water, cars which can drive under water, cars with transparent bodywork. The concept cars developed by Frank M. Rinderknecht interpret mobility in a different way.

They are the work of a person, who quietly goes his own way. Just as Carl F. Bucherer, founder of the Lucerne watch brand, used to. This was one of the reasons that CEO Thomas Morf and Marketing Manager Bruno Jufer decided to support Frank M. Rinderknecht and his ideas. However, an even greater influence was the common philosophy shared by Carl F. Bucherer and Rinspeed, demanding technology, top class materials and amazing shapes, all contributing to an innovative, conceptually convincing final product.

From the sports car to the van: This common philosophy is also foremost in the latest Rinspeed-Project. The “iChange” is a „1-2-3-seater” with a 150kW-e-motor, whose eye-catching body shape adapts to the number of passengers by electronic tail magic. At the touch of a knob, one can convert the single person sports car into a small sports van for three people, exactly like the motto “I change”.

As well as in its design, the “iChange” reveals its innovation through its extremely low energy consumption: the car drives without exhaust emission and boasts a weight and wind resistance reduced to their minimum. So the Rinspeed “iChange” demonstrates a high potential in the area of durability, which also represents part of Frank M. Rinderknecht’s motivation: “We have put a flexible vehicle on wheels and, in so doing, the themes of the varied and constantly changing energy requirements meaningfully thought right through, to take the ecological aspect fully into account”, maintains the car tinker.

Innovative thinking, the belief in one’s own way and today’s theme of durability are also of the utmost importance for Carl F. Bucherer components, and explain why the Lucerne watch manufacturer is collaborating on this project with Frank M. Rinderknecht. “The Rinspeed „iChange“ stands for change, future-orientated technologies and great passion. This embodies the Carl F. Bucherer philosophy in a unique way”, explains Bruno Jufer, Executive Vice President Marketing.

The “iChange” will be presented to the public for the first time at this year’s motor show in Geneva, taking place from 5th to 15th March. Carl F. Bucherer will be there with Rinspeed. All in all, the credos of the “iChange” and the watch models of Carl F. Bucherer go perfectly together: the highest Swiss quality and efficiency, combined with the perpetual search for perfection.

For information on the “iChange” or Rinspeed please visit Rinspeed.com where this text orginated from.

Cars without emissions, eco-houses and green cities, clean air and healthy people, new ways and fresh thinking. That’s what we dream of and what we work for – day and night and sometimes in-between.

Do sustainable living and having fun go together? Can we embrace responsibility and enjoy beauty? Dare dreams and create realities?

Yes, we can! That’s why we want to challenge us and others every day to step out and free our minds from stuffy drawers and old prejudice, from resignation and inaction, from senseless norms and silly conventions. Instead we trust our strengths, our vision and our reason to make our world a little greener.

Sometimes many little things can indeed make huge changes.
Come and join us – join the revolution.

Source: VisionGreen

What’s the status of this company and its first product? I haven’t seen a single Greeny on the roads, yet. Does anyone have news?

You can get solar roof panels fpr your 2010 Prius which power a ventilation fan that reduces interior temperatures. You can activate the air-conditioning system as you approach your Prius so that the interior isn’t scorching hot when you get to your Prius.

An optional Pre-Collision Safety System determines you are heading for a collision that is unavoidable. The system retracts seatbelts, prepares brake assist and readies air bags. An optional Lane-keeping-Assist system can alert you if the car is drifting out of your lane. An optional Intelligent Parking Assist system allows the Prius to virtually parallel-park itself with minimal driver intervention.

All the system and assistants sound a bit like the future. I hope the hybrid technology will become the future very soon. It makes totally sense and if you are thinking about getting a new car consider one with a MPG of at least 45 miles!

• Mercedes-Elektroautos – Die blaue Null
• Elektroauto Mindset – Der Anti-Ferrari
• Elektroauto – Der Mini-Stromer
• Elektroautos – Chrysler unter Strom
• Tesla Roadster im Test – Lautloser Sportler

I first read about this company and its products in an article (German) in my favorite daily newspaper. Two brothers are running the company. They also own a company which does wind energy solutions which cross finances the Jetcar company. What a smart move!

Their engineers are already working on a convertible and the Jetcar 1.5 which will only need 1.5 liter per 100 km.

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