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Business Valuation

A new report prepared by Collaborative Economics and produced by the organization Next 10 finds that California took in $467 million in global venture capital (VC) investment in EVs (69% of total dollars) in the first half of 2011.

The report, Powering Innovation: California is Leading the Shift to Electric Vehicles from R&D to Early Adoption, tracks key indicators to assess opportunities and obstacles for California in the EV sector.

Among the findings:

  • In 2010, California accounted for 80% ($840 million) of total US and 60% of total global venture capital investment in EV-related sectors.

To read the full, original article click on this link: Green Car Congress: Study finds California captured 69% of global venture capital investment in EVs in 1H 2011