Offshore Funds: GM Sinks $150 Million Into Electric Boat Company

Making waves, treading water – the list of puns for this type of investment is nearly endless. In a deal reported by The Detroit Free Press, General Motors has plowed $150 million into a Seattle-based startup company called Pure Watercraft. The outfit makes electric outboard motors and batteries for marine applications.

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California PHEV Owners Return to Gas Power

Electric vehicles are one way to carbon neutrality. Yet 20 percent of California PHEV owners have gone back to gas-powered vehicles.

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Shocking: Toyota Plans to Zap Nearly a Dozen EVs to Life by Early 2020s.

Toyota, one of the original purveyors of hybrids, has recognized the need to juice its EV profile. Chevrolet, Nissan, and a bevy of other automakers already have an answer for customers looking to totally shun gas stations. Toyota does not.

The plan, unveiled Monday in Japan, calls for “more than ten” all-electric Toyota cars to be available worldwide by the early 2020s. This is quite a jump for a company that’s experienced in hybrids and PHEVs, but doesn’t currently offer a single example of EV technology here in America.

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Volkswagen Dumps $1.7 Billion Into Development of Electric Buses, Commercial Trucks

Having already dropped itself into an ocean of electric car R&D, Volkswagen is now making plans to develop battery-powered commercial vehicles aimed at servicing urban areas where public officials are having night terrors about air quality.

Jürgen Stackmann, VW’s board member responsible for sales and marketing, promised the company would be at “full steam” on EV production and development by 2020. That includes a battery-only option for “all styles and body types” by 2030, according to Stackmann. But the brand wants to have something similar on the table for trucks and buses before then.

Volkswagen Truck & Bus is investing 1.4 billion euros ($1.7 billion) into new electric drivetrains for use in both medium and heavy-duty distribution transport and city buses. While that development will go toward European vehicles initially, VW and strategic partner Navistar will use the “e-drivetrain” platform on U.S.-based electric trucks from 2019 onwards.

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Toyota Turns Away From Batteries, Toward Fuel Cells
Living With an EV for a Week - Day Six (Don't Honk at Me, I'm Saving the Planet)

Day six brought a typical Northern California morning: it was 41 degrees, foggy and raining in my forest. But because I was driving an electric vehicle, a squirrel greeted me at the doorstep to thank me for saving his home and a group of hummingbirds dried my charging cable with their tiny wings so I wouldn’t electrocute myself as I unplugged. Then I woke up. But it was still 41. And foggy. And raining.

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  • Kwik_Shift_Pro4X Poop or get off the pot.
  • TheMrFreeze The wife unit and I refuse to buy a white/black/grey/silver car...life's too short for boring. As it happens we both drive orange cars right now but slightly different shades. Total coincidence, just happened that the used cars we found that met our requirements (ie: manual trans and at least some amount of character) both happened to be orange. My previous daily driver was orange as well, again total coincidence...they just seem to find us I guess...
  • Marcus36 In other words...."WE have no idea what we are doing"
  • Donald This is what happens when you make your wife CFO. This is all the result of accounting problems. And could’ve been avoided with a reserve of liquidy.
  • Rochester When I was young, a number of girls I dated wanted to own a Jeep. I didn't understand (and don't like them myself), but it was certainly something. So good for Jeep leaning into that.