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    Thursday, March 15, 2007

    Idealab Takes On Hybrid Cars


    Pasadena-based Idealab has added a new company to its portfolio, in the area of electric and hybrid cars. Aptera Motors is developing what it describes as "lightweight, low cost composite electric and plug-in hybrid vehicles". The firm showed its first car, the Aptera typ-1, at the invite-only TED conference this week, saying that the automobile will be available for around $20,000.
    posted on Thursday, March 15, 2007

    Related stories:
    > Aptera Rolls Out Electrical Cars
    > Warner Releases Videos In Hybrid DVD Format
    > ISE Raises $6.7M
    > Fisker Gets Funding From Kleiner Perkins
    > Fisker Automotive Targets 2010 Production, Seeks Funding

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