Aptera Motors and ActaCell Receive $2.75 Million from Google.org


In June, 2007 Google.org launched its RechargeIT Initiative to speed the adoption of plug-in hybrid electric vehicles and vehicle-to-grid technology.  At that time it issued a $10 million request for investment proposals (RFP).  Today, Google.org announced its first investments from this RFP — a total of $2.75 million to the following two companies:

Aptera Motors
Aptera Motors is building an ultra-high efficiency vehicle based on improved aerodynamics and composite materials.  The company’s first prototype achieved more than 230 miles per gallon during testing, and it is developing all-electric and plug-in hybrid vehicles based on this design.  The following video provides additional information on Aptera Motors:

ActaCell is working to commercialize lithium-ion battery technology developed at the University of Texas at Austin. The company’s technology aims to improve battery cycle life and lower costs, while maintaining a focus on battery safety.

For more information:

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