Posts Tagged ‘bright automotive’

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    Bright Automotive Shuts Down
    The Indiana-based electric vehicle start-up Bright Automotive will cease operations this week after failing to secure a federal loan to finance its operation and production costs to build the Idea plug-in hybrid delivery van. Bright Automotive was seeking a $450 million low-interest loan from the U.S. Department of Energy to finance production of the IDEA plug-in hybrid...
    by at February 29th, 2012 at 09:02 am
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    AM General to Build Bright IDEA PHEV Platform
    Bright Automotive has entered into an agreement for AM General LLC to be Bright’s exclusive North American assembler for the Bright IDEA vehicle platform. The Bright IDEA is an all-new, plug-in hybrid electric work-truck which uses innovative technologies to provide businesses with a powerful new economic solution focused on the lowest total cost of ownership. AM...
    by at October 29th, 2011 at 01:10 pm
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    GM Funds EV Startup Bright Automotive
    GM announced today it is providing funding to Indiana-based Bright Automotive to accelerate Bright’s production of the IDEA plug-in hybrid commercial vehicle. The IDEA plug-in hybrid operates in electric mode for 40 miles before switching to an estimated 36-mpg hybrid mode for 100+ mpg potential based on daily driving behavior. The companies signed a memorandum of...
    by at August 3rd, 2010 at 10:08 am
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    Bright Automotive Awarded USPS Contract for Electric Truck Conversion
    Bright Automotive has been awarded a contract by the United States Postal Service (USPS) to develop and test an electric postal delivery vehicle. Under the contract, Bright Automotive’s eSolutions team will retrofit a standard USPS Long Life Vehicle (LLV) with its integrated electric drive train, and place the vehicle in real-world service for one year in the Washington...
    by at March 6th, 2010 at 08:03 am