Coda revived as energy storage company

BusinessGreen staff
clock

Bankrupt electric car manufacturer to build scalable products to tap into energy storage market expected to grow to over $10bn by 2017

Stricken electric vehicle manufacturer Coda Automotive has re-emerged as an energy storage company. Fortress Investment Group led a takeover after Coda filed for bankruptcy earlier this month, purchasing...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

'Triple whammy': World's largest insurers accused of 'abject failure' to tackle rising emissions

'Triple whammy': World's largest insurers accused of 'abject failure' to tackle rising emissions

Major study of world's 65 largest insurers details 'triple whammy' of underwriting and investing in projects fuelling global warming, environmental damage, and failing to protect human rights

Stuart Stone
clock 11 April 2024 • 4 min read
Net Zero North West: Industry consortium touts vision for 600,000 green jobs and £30bn project pipeline

Net Zero North West: Industry consortium touts vision for 600,000 green jobs and £30bn project pipeline

Roadmap to achieve net zero industrial cluster spanning region by 2040 backed by Mayor of Greater Manchester Andy Burnham

Stuart Stone
clock 05 April 2024 • 3 min read
IKEA Foundation commits $100m to drive 'equitable global shift' in EV uptake

IKEA Foundation commits $100m to drive 'equitable global shift' in EV uptake

Four-year investment aims to support scheme backed by the ClimateWorks Foundation to save around 43 gigatonnes of CO2 from road transport in Africa, Latin America, and Southeast Asia

Stuart Stone
clock 05 April 2024 • 2 min read