Does hybrid-tech startup have investors too revved up?
Echo Automotive trades on the OTC Bulletin Board, the Wild West of investing—where cheap stock prices and low trading volumes can translate into wild swings in stock price.
Bright Automotive
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Investors still may clean up on some clean-tech bets
The spectacular flameouts of some startup firms underscores the risk of relying on infusions of federal money to keep a business viable.
Hybrid-vehicle hopeful Bright Automotive folding
Bright Automotive Inc., an Anderson company that once hoped to become a major hybrid-vehicle player with hundreds of employees in central Indiana, has called it quits after failing to land a $450 million government loan.
Bright Automotive signs AM General to build hybrid vans
The northern Indiana factory where AM General once made H2 Hummers could be building plug-in, hybrid cargo vans under a deal with Anderson-based Bright Automotive announced Friday.
Anderson loses out on Bright Automotive tech center
Upstart hybrid vehicle maker plans to locate tech center in Rochester Hills, Mich. About 200 jobs and an $11 million investment were at stake.
GM deal promising for local automaker
Now that Bright Automotive has announced a strategic partnership [with] General Motors, we think IBJ should reconsider
the title it gave a recent article about the company (Aug 2, “Losing power?”). We’d suggest “Powering
up!”
Indiana company planning hybrid van gets GM backing
Anderson-based Bright Automotive is getting a boost from a $5 million investment by General Motors’ new venture capital arm.
Upstart automaker Bright faces tough road in competitive niche
Two years after Bright Automotive was founded, the prospect of thousands of Indiana factory workers cranking out Bright’s
100-mile-per-gallon “IDEA” delivery vans by 2012 seems dim.
EDITORIAL: Electric-car gang is ahead of pack
The drive to make central Indiana a leader in the use of electric vehicles is smart—regardless of where the money comes
from.
Region’s expertise in hybrid cars goes beyond high-profile players
Bright Automotive and EnerDel are well known for their development of components for hybrid cars, but the region has several
other players poised to be big players in the sector. In fact, few realize that North America’s largest producer
of electric motors for hybrid vehicles is based northeast of Indianapolis, in Pendleton.