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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Google.org invests $2.75M in Aptera Motors]]></title><link>http://www.engadget.com/2008/07/24/google-org-invests-2-75m-in-aptera-motors/</link><guid isPermaLink="true">http://www.engadget.com/2008/07/24/google-org-invests-2-75m-in-aptera-motors/</guid><comments>http://www.engadget.com/2008/07/24/google-org-invests-2-75m-in-aptera-motors/#comments</comments><description><![CDATA[<div align="center"><a href="http://venturebeat.com/2008/07/23/googleorg-gives-electric-cars-a-push-with-investments-in-aptera-and-actacell/"><img vspace="4" hspace="4" border="1" alt="" src="http://www.blogcdn.com/www.engadget.com/media/2008/07/aptera.jpg" /></a><br /></div>
Google.org, the search kingpin's philanthropic wing, has just added another notch to its eco-friendly belt with a recent (and sizable) investment in <a href="http://www.engadget.com/tag/Aptera/">Aptera</a> Motors -- makers of that absurdly futuristic gas-sipper we've been following. Along with ActaCell (an electric car battery maker), Aptera received a $2.75 million infusion via Google.org's RechargeIT investment program. Hopefully, some of the cash will be put to use bringing Aptera's Typ-1 vehicle to market, where its $30,000 estimated price tag and outrageous 230+ MPG fuel economy will be a welcome relief from rising fuel costs and concerns... and our lack of a fresh ride.<br /><br />[Via <a href="http://smashgods.com/2008/07/23/aptera-update-google-now-in-the-passenger-seat/">SMASHgods</a>; Thanks, Jason]<p>Filed under: <a href="http://www.engadget.com/category/transportation/" rel="tag">Transportation</a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.engadget.com/2008/07/24/google-org-invests-2-75m-in-aptera-motors/">Google.org invests $2.75M in Aptera Motors</a> originally appeared on <a href="http://www.engadget.com">Engadget</a> on Thu, 24 Jul 2008 11:04:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://venturebeat.com/2008/07/23/googleorg-gives-electric-cars-a-push-with-investments-in-aptera-and-actacell/>Read</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/2008/07/24/google-org-invests-2-75m-in-aptera-motors/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/forward/1266022/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/2008/07/24/google-org-invests-2-75m-in-aptera-motors/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>aptera motors</category><category>ApteraMotors</category><category>electric car</category><category>ElectricCar</category><category>fuel</category><category>google</category><category>google org</category><category>google.org</category><category>GoogleOrg</category><category>hybrid</category><category>typ-1</category><dc:creator><![CDATA[Joshua Topolsky]]></dc:creator><pubDate>Thu, 24 Jul 2008 11:04:00 EST</pubDate></item></channel></rss>
