Invest in Cleantech

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Showing posts with label electric vehicles. Show all posts
Showing posts with label electric vehicles. Show all posts

Thursday, August 06, 2009

Green Car News - UQM Technologies Awarded $45.1 Million Grant from the U.S. Department of Energy

Green Car News - UQM Technologies Awarded $45.1 Million Grant from the U.S. Department of Energy to Accelerate the Deployment of the Next Generation of Electric Vehicles

Award is One of 48 Advanced Battery and Electric Drive Projects Totaling $2.4 Billion Announced by President Obama Today

FREDERICK, Colo.--August 5 2009 -UQM TECHNOLOGIES, INC. (NYSE Amex: UQM), a developer of alternative energy technologies, announced today that it has been selected by the U.S. Department of Energy to receive a $45.1 million award under the American Recovery and Reinvestment Act to accelerate the manufacturing and deployment of electric vehicles, batteries and components in America. The award provides for a 50 percent cost-share by the company raising the total value of the project to $90.2 million.

UQM Technologies, Inc. is a developer and manufacturer of power dense, high efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, military and industrial markets. A major emphasis of the Company is developing products for the alternative energy technologies sector including propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles, under-the-hood power accessories and other vehicle auxiliaries and distributed power generation applications. The Company's headquarters, engineering and product development center, and motor manufacturing operation are located in Frederick, Colorado. For more information on the Company, please visit its worldwide website at www.uqm.com.

This Release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. These statements appear in a number of places in this Release and include statements regarding our plans, beliefs or current expectations, including those plans, beliefs and expectations of our officers and directors with respect to, among other things the development of markets for our products and the adequacy of our cash balances and liquidity to meet future operating needs. Important Risk Factors that could cause actual results to differ from those contained in the forward-looking statements are contained in our Form 10-Q filed July 30, 2009, which is available through our website at www.uqm.com or at www.sec.gov.

Contact:UQM Technologies, Inc.Donald A. French, 303-278-2002orBPC Financial MarketingJohn Baldiserra, 800-368-1217






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Tuesday, March 24, 2009

Global Renewable Energy Stocks Directory Update – New Wind Stocks

Global Renewable Energy Stocks Directory Update – New Wind Stocks

Investorideas.com member stock directory updates

POINT ROBERTS, WA and DELTA, BC –March 24, 2009 – Investorideas.com and www.RenewableEnergyStocks.com, a leading global investor and industry portal for the renewable energy sector within Investorideas.com, updates the current global directory of renewable energy stocks with new wind stock additions .

Investor Ideas has created a global directory of publicly traded green and renewable energy stocks in wind, solar, biofuel and other green sectors. Investor Ideas stock directories are one of several tools for independent investors to complete due diligence and research.

Renewableenergysstocks.com was one of the first online investor resources providing in-depth information on renewable energy and the public companies in the sector.
Renewable Energy Stock Directory:
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

The directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges reflecting the global participation and growth in renewable energy and green stocks.

The RenewableEnergyStocks.com portal currently features a directory with info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Stocks and Green Infrastructure Stocks.

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Green IPO Watch: http://www.investorideas.com/IPO/green.asp
Solar Energy Perspectives with J. Peter Lynch: http://www.investorideas.com/RSS/feeds/PL.xml
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InvestorIdeas.com has created a Green Investor Series of Podcasts & articles on green and renewable energy investing for Investing in a Better World! Follow well- known financial columnist Michael Brush, who also writes the Insiders Corner for Investorideas.com, in a series of audio interviews/Podcasts with some of the leading CEO's, investment banking and financial leaders in the sector. The Green Investor Podcasts can also be heard on Money Matters with Barry Armstrong, #1 Personal Finance Radio Show in Boston! www.WBNW1120.com.
Also Read energy writer Paulo Nery's new Green Investor column and gain insight into the sector.

For entrepreneurs, investors and funds, The Global Green Marketplace is a meeting place and network for green and renewable energy companies seeking funding /partners, management and investors providing venture capital and equity funding . View Marketplace: http://www.investorideas.com/marketplace/


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www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy sector.
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com ®, www.FuelCellCarNews.com ®, www.EnvironmentStocks.com, www.Water-Stocks.com and www.GreentechInvestor.com all within the Investorideas.com hub.

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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp

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Email: dvanzant@investorideas.com
Source: RenewableEnergyStocks.com Investorideas.com

Tuesday, June 17, 2008

Al Yousuf Acquires 50 Percent Interest in ZAP Recharge-It-All Battery Line

Al Yousuf Acquires 50 Percent Interest in ZAP Recharge-It-All Battery Line

DUBAI, UNITED ARAB EMIRATES and SANTA ROSA, CA, Jun 17, 2008 - Mr. Eqbal Al Yousuf has purchased a 50 percent interest of the Recharge-It-All Battery line of battery systems for mobile electronics from alternative transportation pioneer ZAP (OTCBB: ZAAP) for US$1 Million ($1,000,000).

Mr. Al Yousuf made the $1 million purchase personally following his announcement last week of his intentions. Eqbal Al Yousuf is the President of The Al Yousuf Group and was recently appointed Chairman of ZAP's Board of Directors.

According to officials from ZAP and Al Yousuf, samples of ZAP's Recharge-It-All technology have been shipped to Dubai for testing.

ZAP's Recharge-It-All is a new rechargeable battery system for mobile electronics that can power or recharge low voltage handheld devices from mobile phones, to smart phones, digital audio players, cameras, PDAs, laptops and more. To order, visit http://www.zapworld.com.

RX4-C AA Universal Battery Charger from ZAP can power a variety of low-voltage consumer electronics through a built-in USB adapter, but you can also remove the four rechargeable AA batteries for use in other electronics. Learn more at http://www.zapworld.com.

The Al Yousuf Group is one of the largest trading groups in The Middle East. Subsidiary Al Yousuf Electronics, established in 1977, operates six sales offices with a staff strength of over 230 employees. In 2005, Al Yousuf Electronics opened the largest-ever LG Electronics Showroom in Dubai. The subsidiary markets a variety of consumer products, including air conditioners, refrigerators, washing machines, freezers, and water coolers. A Gallup poll of UAE consumers recognized Al Yousuf Electronics as 'No. 1 customer satisfaction and after sales services provider.'

About ZAP

ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com.

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

ZAP is a featured Company on Investorideas.com Green portals, China portal , Middle East and Tech portal.

For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp

Contact:
Contact:
Alex Campbell
ZAP
707-525-8658 x 241
acampbell@zapworld.com

Al-Yousuf Group
Mansoor Ali
97150-4578130
mansoorali@alyousuf.com

Source: ZAP

Tuesday, June 10, 2008

Leading Motorcycle Insurer Brings Eco-Friendly Vehicles along for the Ride

Leading Motorcycle Insurer Brings Eco-Friendly Vehicles along for the Ride

Progressive (NYSE:PGR) Now Insures Three-Wheeled “Alternative Vehicles”

MAYFIELD VILLAGE, Ohio--As gas prices rise above $4 a gallon, drivers are seeking more fuel-efficient ways to get around town. Some people are buying hybrids, some are opting for bicycles. Others are choosing a unique transportation option – alternative vehicles – and Progressive now offers coverage that will keep these motorists safe on the road.

Approved for on-road use, these three-wheeled compact vehicles range from high-performance machines like the sports car/motorcycle T-Rex to energy-efficient, electric transporters like the ZAP (OTCBB:ZAAP) Xebra. Recognized as motorcycles in most states, Progressive will insure them with its motorcycle products.

“With more transportation options on the market than ever before, we want to give consumers all the tools they need to be protected,” said Rick Stern, motorcycle product manager for Progressive. “We offer specialized coverages that allow alternative-vehicle owners to build the insurance package that best fits their needs, whether they’re commuting or just out for a Sunday ride.”

Progressive’s alternative vehicle insurance is currently available in Illinois and Mississippi. It will continue to roll out in 18 more states by the end of 2008, pending regulatory approval.

For more information, visit http://motorcycle.progressive.com/.

About Progressive

The Progressive Group of Insurance Companies, in business since 1937, is the country’s third largest auto insurance group and largest seller of motorcycle and personal watercraft policies based on premiums written, and is a market leader in commercial auto insurance.

Progressive is committed to becoming consumers’ #1 choice for auto insurance by providing competitive rates and products that meet drivers’ needs throughout their lifetimes, superior online and in-person customer service, and best-in-class, 24-hour claims service, including its concierge level of claims service available at service centers located in major metropolitan areas throughout the United States.

Progressive companies offer consumers choices in how to shop for, buy and manage their auto insurance policies. Progressive offers its products, including personal and commercial auto, motorcycle, boat and recreational vehicle insurance, through more than 30,000 independent insurance agencies throughout the U.S. and online and by phone directly from the Company. Private passenger auto products and prices are different when purchased directly from Progressive or through independent agencies. To find an agent or to get a quote, go to www.progressive.com.

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, are publicly traded at (NYSE:PGR).

Contacts Progressive PRSusan Gallik, 440-395-1788