There's been a string of bad news for vehicle startups in recent months including Fisker, Think and Next Autoworks. Other than the difficult market for electric cars and the recession, what's something that ties these companies together: funding from Valley firm Kleiner Perkins.
BMW Group and Brilliance China Automotive Holdings’ joint venture BMW Brilliance recently unveiled its first product, the Zinoro 1E 100% electric vehicle at the Guangzhou Auto Show. As Green Car Congress notes, aside from being the ... Read Post
According to a filing today, Fisker has boosted its latest equity funding round to $175 million, and has already raised $100 million of that. The company is backed by Kleiner Perkins, A123Systems, and Ace Investments.... Read Post