ElectricVehicle

GM is taking a big step toward making hydrogen-fueled cars and trucks a reality for consumers by partnering with a dozen companies to build more than two dozen fueling stations in Hawaii. The state is aiming to reduce oil to 70% of its needed energy supply.

Government funds will help expand manufacturing to produce up to 500,000 electric cars yearly by 2015, according to the Energy Department. The money, part of the economic stimulus program, will also boost the U.S. share of global battery production to 40% by 2015.

BMW AG (BAMXF) plans to build a battery-powered city car with a lightweight shell made out of carbon fiber, the same material used to protect Formula One drivers, Bloomberg News reported. The car will be cocooned in hardened carbon fiber supported by an aluminum frame, the company's development...

Electric-car manufacturer Tesla Motors said Friday it plans to sell stock to the public. The company, based in Palo Alto, Calif., did not disclose in a filing with the Securities and Exchange Commission specifically how much it plans to raise though it listed $100 million as a placeholder figure....

On Oct. 22, Indian auto manufacturer, Reva Electric Car Co. announced plans to open a factory to build a new generation of electric cars in North America. The plant will be in upstate New York. The announcement comes as good news, since the area has seen a rash of companies moving out of the area...