Venture capital firms are staking late stage electric car startups with huge cash to help them scale up and IPO
By Shelley DuBois, reporter
The age of the electric car is upon us, or so the numbers would suggest.
Companies in cleantech, especially those making cars, received over $400 million in funding in the second quarter of 2010, according to an Ernst & Young analysis based off of Dow Jones VentureSource data.
A company MORE