BACC Editor on Thursday, 08 December 2011 20:43

California’s Electric Vehicle Industry is Growing, Luring More Investors than Any State

California’s electric car industry has attracted more venture capital than any other state or country, according to a new report. Next 10 reports that California companies developing plug-in vehicles, hybrids and charging stations raised $467 million in venture capital in the first half of this year. The total invested in California, according to the report, equals 69 percent of all of the venture capital invested in electric vehicles around the globe, and 74 percent of the capital invested in the United States. Read more here.