This innovative, all electric, performance motorcycle company continues to get great press on its Enertia bike. You can get them at Best Buy stores and they have reduced the price to $7,995!
http://brammofan.wordpress.com/2010/02/15/big-brammo-day-cycle-world-cover-and-more/
This is encouraging that we are seeing another potential IPO to drive more liquidity to investors in the cleantech space and that we should get more public finacial support for a new generation of energy efficient vehicles which we desperately need.
PALO ALTO, CA. – Tesla Motors, Inc. today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of its common stock. Tesla Motors designs, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components. The number of shares to be offered and the price range for the offering have not yet been determined.
Goldman, Sachs & Co., Morgan Stanley, J.P. Morgan and Deutsche Bank Securities are acting as the joint book-running managers for the offering.
With all the talk about the importance of clean tech in addressing economic, employment, security, and climate issues, what are the actions taking place for the U.S.to be a global leader in the rapidly unfolding opportunity? This quote from Patrick Tam, General Partner at Tsing Capital in Beijing, is quite telling in that the U.S. is not necessarily the annointed one unless we move faster than we are:
According to a Time.com report, “Tam…says the government is aggressively helping seed the development of new green-tech industries. An example: 13 of China’s biggest cities will have all-electric bus fleets within five years. ‘China is eventually going to dominate the industry for electric vehicles,’ Tam says, ‘in part because the central government has both the vision and the financial wherewithal to make that happen.’ Tam, a graduate of MIT and the University of California, Berkeley, says he does deals in Beijing rather than Silicon Valley these days ‘because I believe this is where these new industries will really take shape. China’s got the energy, the drive and the market to do it.’ Isn’t that the sort of thing venture capitalists used to say about the U.S.?”
Quite provoking wake up call for more action…
Read more: http://www.time.com/time/world/article/0,8599,1938671-2,00.html#ixzz0WxAbWqRK
