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InsideINdianaBusiness.com Report
An industry executive says Indiana is gaining the critical mass of companies and talent needed to make it a global leader in hybrid electric and electric vehicles. Appearing on Inside INdiana Business Television, Pendleton-based Remy International Inc. President Jay Pittas says his company is benefiting from the state’s expertise in so-called green technology.
Press Release
Pendleton, Ind. Today, Remy International, Inc. and AMP Holding, Inc. (OTCBB: AMPD) executives signed a long term electric motor supply agreement for the first-ever plug-in electric crossover vehicle. AMP Holdings is publically traded as (AMPD). Under the agreement, Remy will be the exclusive electric motor supplier providing the patented Remy HVH250TM for the custom AMP electric crossover vehicle conversions.
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InsideINdianaBusiness.com Report
Purdue University will bring electric go-karts to the Indiana State Fair to highlight the institution’s efforts in training students to contribute to the growing electric vehicle industry in Indiana. The vehicles competed this year in the first evGrandPrix. Purdue Day at the fair is Friday and will feature more than 50 tents and exhibits that include robotics competitions, animal surgery and the opportunity to race the go-karts.
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InsideINdianaBusiness.com Report
Smart USA’s new electric vehicle will make its first appearance in Indiana next week. An event will be held Thursday in Indianapolis for local dignitaries and transportation leaders. Indianapolis will be one of five test markets for the new technology this fall. Read More
InsideINdianaBusiness.com Report
Ener1 Inc. (Nasdaq: HEV), the parent company of Indianapolis-based lithium-ion battery maker EnerDel Inc., has appointed a president for its global grid storage business. Bruce Curtis is the former vice president of program development at First Solar Inc. (Nasdaq: FSLR). Ener1 is pursuing large-scale energy storage applications for the electric grid in four main segments.
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EV World
OSLO, Norway — THINK, the Scandinavian electric vehicle maker, has completed its latest innovative EV distribution partnership deal with the Swiss retailer Migros. Migros is the largest retailer and biggest private employer in Switzerland, with over 600 outlets across the country whose retail mantra is to take the product to the people – making the group a perfect retail partner for THINK.
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InsideINdianaBusiness.com Report
Nearly 100 Chinese government officials and automotive executives will be in Indiana this week for the first U.S.-China Advanced Technology Vehicle Summit. China’s Assistant Minister of Commerce Wang Chao says it will be the largest delegation of Chinese automotive executives to travel to the United States to meet with American suppliers. Several Indiana companies are expected to take part including Cummins Inc. (NYSE: CMI), EnerDel and Allison Transmission.
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TruckTrend Magazine, by Joel Arellano
Commercial truck and engine maker Navistar, at a recent webconference, announced that its eStar, the company’s first electric-only powered commercial vehicle, is in production and the company is taking orders.
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InsideINdianaBusiness.com Report
The Norwegian-based electric vehicle company with a manufacturing facility in Elkhart says it has completed a $40 million equity increase. THINK says the funding will be used to support further product development and planned expansion into North American markets. The company also announced two changes to its Board of Directors. Charles Gassenheimer was named chairman of the Board, and Incumbent Chairman Reidar Langmo was appointed vice chairman.
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InsideINdianaBusiness.com Report
Carbon Motors has completed the conceptual plans for its manufacturing headquarters in Connersville. Initial estimates for operating costs on the 56 year old building have been as high as $14 million a year. The police car manufacturer is hoping modifications to the former Visteon plant will drastically reduce those costs. Officials are also hoping for a LEED Certification for the building.
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InsideINdianaBusiness.com Report
Numerous green programs, displays and activities are taking place this week at The Children’s Museum of Indianapolis to mark Earth Week. Visitors can check out Anderson-based Bright Automotive Inc.’s new plug-in hybrid electric vehicle. The company says the IDEA is designed to reach 100 miles per gallon and should be released by 2013. The museum also unveiled a new garden that covers more than 4,000 square-feet of its roof space. Read More
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