Electric Cars | featured news

Car-battery maker A123 is expected to say it has raised $69 million, and that GE will gain a seat on its board.

China is investing heavily in electric-vehicle technology and offering subsidies to taxis and government agencies.

While automakers lay off staff and shut down plants in response to the economic downturn, one automaker announced Thursday that it will open a manufacturing plant in the United States, potentially creating hundreds of jobs in the area eventually chosen.