Aptera and ActaCell Get $2.75 Million Each

Aptera, the company with the futuristic electric car pictured here, and ActaCell, a company working on a cheap and safe battery technology, both became the first recipients of Google’s RechargeIT’s green car investment program. Each company has received $2.75 million.

RechargeIT promotes companies that are driving toward plug-in hybrid technology, which is very different from current hybrid technology. It’s far more efficient, especially in normal local driving. The Aptera Typ-1 whill get about 230 miles per gallon. A Toyota Prius with plug-in hybrid technology gets about twice the fuel efficiency of a normal Prius.

Aptera hopes to ship its first car before the end of 2009 and AptaCell is shooting for 2010 for full production release of their battery technology. Photo credit Aptera. Also see VentureBeat for more details.

Similar Posts

Leave a Reply