Saturday, December 8, 2012

Electric Vehicles: Huge Potential for Venture Capital and Green Jobs

21 Startups Are Cleaning up the Auto Industry
 
Tesla Motors Model S
The Electric Vehicle market is raising billions of dollars, and creating thousands of green jobs. Optimism reigns despite the slowness of deployment of charging stations, and the troubles at A123 Systems and its repercussions for Fisker that are giving the industry an unjustified bad name ("loser").


The list of start-up companies in this market is very long. The top 21 listed below have raised a total of $8 billion in private venture capital. They represent five industry segments: EV manufacturing, hybrid conversion kits, charging stations, batteries, and engines/transmissions technology.