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  • Electric Car Stocks News Alert; Department of Energy today releases Report, ‘One Million Electric Vehicles by 2015” 0 comments
    Feb 9, 2011 12:35 PM | about stocks: UQM, AONEQ, TSLA, VLNCQ
    Electric Car Stocks News Alert; Department of Energy today releases Report, ‘One Million Electric Vehicles by 2015”
     
    Company Snapshots for UQM Technologies, Inc. (NYSE Amex: UQM),EVCARCO (OTCBB: EVCA)
     
    February 9,  2011  (Investorideas.com renewable energy/green newswire) Investorideas.com a leader in cleantech investor research, reports on electric  car stocks and battery stocks trading following a report released yesterday by the Department of Energy, One Million Electric Vehicles by 2015 . Headlines for yesterday’s trading in the electric car stocks sector reflected the renewed investor interest.
     
    While the stocks are trading down this morning from yesterday’s highs, the DOE’s bullish report has investors looking for the long term. 
     
    Sector Snapshot 
     
    A123 Systems, Inc. (NasdaqGM: AONE) trading at $ 9.65, down 0.27 (2.72%) 12:22PM EST
    ENER1, Inc. (NASDAQ: HEV) trading at $ 3.83, down 0.1525 (3.83%) 12:21PM EST
    Ecotality, Inc. (NasdaqCM: ECTY) trading at $ 3.78 0.00 (0.00%), flat in morning trading
    EVCARCO (OTCBB: EVCA)) trading at $02, down 0.0040 (16.67%)
    Tesla Motors, Inc. (NASDAQ: TSLA) trading at $ 23.00, down 1.49 (6.08%) 12:24PM EST
    UQM Technologies, Inc. (NYSE Amex: UQM) trading at $ 3.64, down 0.03 (0.82%) 11:53AM EST
    Valence Technology, Inc. (NASDAQ:VLNC) trading at $ 1.47, down 0.05 (3.29%) 12:24PM EST
    ZENN MOTOR COMPANY INC. (CDNX: ZNN.V) trading at $ 1.80, down 0.03 (1.64%)
     
    Market Snapshot
    Dow 12,215.74 -17.41 -0.14% 
    Nasdaq 2,786.84 -10.21 -0.37% 
    S&P 500 1,318.15 -6.42 -0.48% 
    10 Yr Bond (%) 3.7110% -0.0140 
    Oil 86.68 -0.26 -0.30% 
    Gold 1,365.20 -1.10 -0.08%
     
    Company Snapshots
     
    EVCARCO (OTCBB: EVCA) (evcarco.com) is an automotive retail group dedicated to deploying a franchised coast-to-coast network of environmentally friendly dealerships and vehicles.
     
    UQM Technologies, Inc. (NYSE Amex: UQM)
    UQM Technologies is a developer and manufacturer of power-dense, high-efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, military and industrial markets. A major emphasis for UQM is developing products for the alternative-energy technologies sector, including propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles, under-the-hood power accessories and other vehicle auxiliaries. UQM headquarters, engineering, product development center and manufacturing operation are located in Longmont, Colorado.
     
    Recent News
    DOE Releases New Analysis Showing Significant Advances in Electric Vehicle Deployment
     
    WASHINGTON - The U.S. Department of Energy today released One Million Electric Vehicles by 2015 (pdf - 220 kb), an analysis of advances in electric vehicle deployment and progress to date in meeting President Obama's goal of putting one million electric vehicles on the road by 2015. The analysis shows that while the goal is ambitious, it is also achievable based on steps already taken as part of the Recovery Act and additional policy initiatives proposed by President Obama -- including improvements to existing consumer tax credits, programs to help cities prepare for the growing demand for electric vehicles, and strong support for research and development to continue reducing the cost of electric vehicles.
     
    "President Obama's goal of putting one million electric vehicles on the road by 2015 represents a key component of our strategy to dramatically reduce America's dependence on foreign oil and ensure that the U.S. leads the world in the growing electric vehicle manufacturing industry," said DOE Assistant Secretary for Policy and International Affairs David Sandalow. "This is a race America can win -- if we answer the President's call to out-innovate, out-build, and out-compete the rest of the world." 
     
    One Million Electric Vehicles by 2015 details DOE investments in electric vehicle infrastructure, research and development, and demonstration projects nationwide that are laying the groundwork for achieving the President's goal. These projects include support for nearly 50 manufacturing facilities and demonstration projects nationwide. These efforts are helping to reduce the costs of advanced batteries and electric vehicles and gathering real-world data for consumers and local communities that will inform future deployment efforts.
     
     
    Recent Headlines for Electric Car Stocks
     
    TheStreet.com - Eric Rosenbaum - ‎
    NEW YORK (TheStreet) -- A marquee stock in the natural gas vehicle sector was weak late Tuesday, while lithium ion...
     
    It was a good day for US based electric car stocks today, particularly Tesla Motors (NASDAQ:TSLA) which surged nearly 7% on news that Michigan Senator Debbie...
     
    Research electric car stocks and green auto stocks, lithium stocks - with the renewable energy stocks directory Research over 1300 green stocks - Investors also have the option to access the directory as part of the Investor Ideas Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories. http://www.investorideas.com/membership/
     
     
    Investors - sign up for free stock alerts and investor news alerts
     
    About Our Green Investor content:
    Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
     
     
    Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured green companies EVCARCO (OTCBB: EVCA) is a former showcase stock at Investorideas.com and compensated the site 500,000 144 shares in lieu of cash compensation.
     
    To become a showcase company, contact us below.
     
    For more information contact:
     
    Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
     
    Stocks: UQM, AONEQ, TSLA, VLNCQ
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