Fisker Automotive says rumors of impending bankruptcy premature

Henrik Fisker says production of the Fisker Karma is not dependent on Dept of Energy loans, and that the company is pursuing a “plan B” to fund the company independently from private investors to prevent the company from being a political football. In early February, Fisker Automotive laid off a few workers following a suspension of…

Continue reading

House Transportation bill headed into train wreck due to extreme right-wingers

The transportation bills being considered by the Senate and House are operating in different universes, with the Senate following the usual bi-partisan process to create good transportation policy, and the Republican-dominated House larding their bill with extreme right wing ideology that would doom mass transit systems, gut environmental review processes, and fundamentally change transportation system funding…

Continue reading

Rep. Lundgren proposes $1 billion prize to oil addicting automakers

The laudable goal, developing a gasoline powered car with 100 miles/gallon fuel efficiency, is being offered a $1 billion government prize as incentive, and would keep the U.S. addicted to oil. Not all Californians are looking forward to electric vehicles, some are Congressmen who propose legislation whose result would be to keep us addicted to oil.…

Continue reading

Bob Lutz defends the Volt, calls on Republicans to be truthful

GM’s former Chairman, Bob Lutz, blasts the right wing media for lying about the Chevy Volt. Yesterday Forbes published an op-ed piece from GM’s former CEO, Bob Lutz defending the Chevy Volt and calling on certain right wing media outlets to focus on telling the truth, rather than concocting lies. One wonders after reading…

Continue reading

NRDC says to Speaker Boehner’s energy plan, don’t drill and drive

According to the NRDC, House Speaker Boehner wants to steer America onto a disastrous transportation policy path, that makes America’s energy security and environmental problems worse, is financially dangerous, and leaves the nation’s highway system subject to political manipulation akin to taking a road to nowhere. On Feb 2 the House Committee on Transportation and Infrastructure…

Continue reading

The inconvenient bankrupcy of battery maker Ener1

Lithium battery maker Ener1 inconveniently declared bankruptcy the day after President Obama’s State of the Union declared support for the domestic advanced battery industry. Any company can run into trouble if the market conditions shift, that’s what bankruptcy courts are for. Last week when lithium-ion battery maker Ener1 entered bankruptcy proceedings it was…

Continue reading