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Recharge Wrap-up: NextEV raises $500M, A123 execs beat fraud claims

Scientists at Cardiff University's Catalysis Institute have developed a new method to improve biodiesel yields. Using a new catalytic process, the team is able to use the glycerol left over from biodiesel production and make more methanol to produce more biodiesel. Using magnesium oxide and cerium oxide is simpler than other methods, requiring only one step at room temperature with normal atmospheric pressure. "We set out to establish ways in which the waste product glycerol could be used to form other useful compounds, but we were surprised when we found that feeding glycerol and water over such a simple catalyst gave such valuable products and interesting chemistry," says Professor Stuart Taylor. The system could increase biodiesel yields by as much as 10 percent. Read more at Gizmag, or from Cardiff University. A federal judge has dismissed a lawsuit claiming A123 Systems hid problems with Fisker from investors. The plaintiffs accused four A123 executives of failing to report Fisker's impending bankruptcy and issues with battery quality. US District Judge Laura Taylor Swain says there is not enough evidence showing that the defendants knew about problems with their batteries or about Fisker's financial difficulties. Read more at Reuters, or at Law360. Chinese startup NextEV is raising funds to build a Tesla-fighting electric car. The company, which plans to launch a supercar to match the acceleration of Tesla's Ludicrous Mode next year, has raised about half of its $1 billion goal thanks in part to investments from Sequoia Capital and Joy Capital. NextEV also plans to produce mass market electric vehicles at about half the price of a Model S. "Talking big is pointless," says NextEV cofounder William Li. "We develop the car purely from the angle of consumers. We most value what they would like the car to be. We want them to experience sheer pleasure of driving our car." Read more at Bloomberg. Featured Gallery 2012 Fisker Karma: First Drive View 23 Photos Related Gallery News Source: Gizmag, Cardiff University, Law360, Reuters, BloombergImage Credit: Copyright 2015 Drew Phillips / AOL Earnings/Financials Green Fisker Automakers Tesla Biodiesel Green Automakers Electric recharge wrapup

Is Tesla's next project an F-150 competitor? [w/poll]

What's the future look like for Tesla after it launches the Model X CUV and possibly a smaller, sub-Model S sedan? Would you believe a pickup truck? Yes, Tesla could be looking to use its EV know-how to take the fight to Ford and the F-150, based on comments made by company founder Elon Musk.
"If you're trying to replace the most gasoline miles driven, you have to look at what people are buying," Musk said during an impromptu Q&A session following a speech at Business Insider's Ignition conference. "[The F-150 is] the best selling car in America. If people are voting that's their car, then that's the car we have to deliver."
And while the idea of electric pickup may sound kind of absurd to some, Musk makes a very valid point - if Tesla's goal is to replace gas miles with electrical miles, it simply can't afford to ignore pickups.

The Tesla Model S was the best-selling EV of 2015

According to numbers crunched over at Hybrid Cars, the Tesla Model S was the best selling pure electric vehicle last year with 50,366 deliveries. These numbers might not tell the whole story, since Tesla reports deliveries made in 2015 that might have been sold in a different calendar year, while other makers are tallying sales. However, it's inarguable that the Model S ended up in more worldwide driveways than the second-place Nissan Leaf, which did about 43,000 sales. In the US alone, Leaf sales were down 42.8 percent year-on-year, from 30,200 in 2014 to 17,269 last year, and that decline also increased throughout the year. That marks a great finish to a great start to 2015, when Tesla took the lead in EV sales in the US for the first quarter. On top of that, as of last year the Model S becomes the second-best selling EV ever, with 107,148 deliveries since the middle of 2012. It trails the Nissan Leaf, with well over 200,000 worldwide sales. The Chevrolet Volt/Opel Ampera combo takes a close third, with about 106,000 sales. The Nissan and Chevy rivals both launched at the end of 2010, a 16-month head start on the Tesla. Down the charts, the Mitsubishi Outlander PHEV which continues to be forbidden fruit for our market notched 39,000 sales. The BYD Qin PHEV sold 31,898 examples in China, and BYD would take the overall victory from Tesla with 58,728 deliveries if you counted all of its EV and PHEV production, such as its electric buses. The BMW i3 nabbed fourth place with 24,057 global sales. In 2011 the Munich automaker said it wanted to sell 30,000 i3s annually by 2014, but by the time the car launched the company considered 15,000 annual sales 'great for now,' so the 2015 number seems a fine place to wind up. Related Video: News Source: Hybrid Cars Green BMW Chevrolet Mitsubishi Nissan Tesla