Driving Green; Electric Car News; Battery Maker A123 Systems, Inc. (NasdaqGM: AONE) up over 13% on Upgrade

Driving Green; Electric Car News; Battery Maker A123 Systems, Inc. (NasdaqGM: AONE) up over 13% on Upgrade


Green Car Snapshot for EVCARCO (OTCBB: EVCA). Tesla Motors (NASDAQ: TSLA), A123 Systems, Inc. (NASDAQ:AONE), Car Charging Group, Inc. (OTCBB: CCGI)

July 26, 2010 Driving Green at Investorideas.com reports on recent news and developments for green and electric car stocks as battery maker A123 Systems, Inc.(NasdaqGM: AONE) trades up over 13% on an upgrade to Overweight from Equal Weight from Barclays. The analyst increased the target price from $12 to $16.

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Recent Electric and Green Car news and developments:

Car Charging Group (OTCBB: CCGI) Partners With Laz Parking to Provide Electric Vehicle Charging Stations Throughout the New York and New Jersey Metropolitan Areas

"As the Number of Electric Vehicles on U.S. Roads Increases, the Need to Create a Public Charging Infrastructure Increases" -- CEO Michael D. Farkas
Full News: http://www.investorideas.com/news/renewable-energy/7262.asp

Tesla Roadster Arrives in Australia
World’s Only Electric Supercar Available for Purchase

SYDNEY--Tesla Motors (Nasdaq: TSLA) producer of the Roadster, the only highway-capable electric performance vehicle, announces the delivery of the first Roadster in Australia. The Tesla Roadster is now approved for Australian roadways and available for purchase.
Full news – go to http://www.teslamotors.com/

Green Car Stocks Snapshot:

EVCARCO (OTC.BB: EVCA) is the first automotive retail group dedicated to deploying a coast-to-coast network of eco-friendly dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, hydrogen fuel injection, and alternative fuel vehicles. EVCARCO has developed a dealer network allowing growth into most US States by 2012.


A123 Systems, Inc. (Nasdaq:AONE ) develops and manufactures advanced lithium ion batteries and battery systems for the transportation, electric grid services and consumer markets. Headquartered in Massachusetts and founded in 2001, A123 Systems' proprietary nanoscale electrode technology is built on initial developments from the Massachusetts Institute of Technology. www.a123systems.com.

Tesla Motors, Inc. (Nasdaq: TSLA) designs, develops, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components. In addition to designing and manufacturing vehicles, Tesla sells and services them through its own sales and service network. Tesla has delivered over 1,000 Tesla Roadsters to customers in 22 countries. Tesla is headquartered in Palo Alto, California.
Car Charging Group, Inc. (OTCBB: CCGI) is an owner and provider of electric vehicle (EV) charging stations with the mission to build-out a nationwide infrastructure, enabling EV and PHEV owners to charge their EVs anytime, anywhere. As part of its strategy, the Company owns, provides, installs and maintains electric vehicle charging units and works with its landowner partners to identify appropriate locations for its charging stations. The Company seeks to provide convenient, safe and affordable charging stations away from home in customer-friendly public locations, including municipalities, shopping malls and parking garages.
An estimated 40 million plug-in electric vehicles, such as the Nissan Leaf, GM Chevy Volt, Fisker Karma, Tesla Model S as well as many others, are expected to be on the road by 2030. Car Charging Group and other companies in the EV industry realize the need to establish charging station networks throughout the transportation infrastructure to provide easy access to energy everywhere drivers live and work. By investing at the forefront of the electric car revolution, Car Charging Group seeks to become the leading provider of electric car charging services. The Company has launched its service in the South Florida market and is expanding its operations both nationally and internationally.
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