The Tennessee Department of Environment and Conservation has set aside almost $700,000 to be used as incentives for consumers to buy or lease electric or hybrid cars. Starting in mid-June, dealerships can submit papers on behalf of buyers of 12 electric car models, which will be eligible for a $2,500 rebate, and 10 hybrid models, which have a $1,500 rebate attached to them. Check out the details here.
A Chinese company has acquired personal transportation company Segway from Brentwood-based private equity fund Summit Strategic Investments. The local firm had acquired Segway, which is sold in 80 countries, in early 2013 with plans to expand its reach but that appears to have not happened in any meaningful way. From the companies' release:
“After the strategic combination, Ninebot and Segway will be able to cooperate closely with each other on technology and marketing, strengthening their research and development, manufacturing, marketing and sales capabilities. Intelligent hardware has grown quickly worldwide during the past several years. Our combination with Ninebot will enable us to provide more intelligent and valuable products to our customers. We are confident in our future,” said Rod Keller, President of Segway.
There's something of a Pac-Man feel to the deal announced today: TechCrunch points out that Segway and its founder, Dean Kamen, last year accused Ninebot — and a number of other Chinese companies — of infringing on Segway's intellectual property.
Husband-and-wife couple Bob and Kemberly Harris are opening a downtown Franklin store selling or renting Pedego electric bicycles. The store is located at 104 E. Main St. — which is in the footprint of the planned $80 million mixed-use Harpeth Square project — and will host an grand opening celebration April 11.
The fledgling connection between Nashville International Airport and Pikeville in Eastern Kentucky isn't delivering anywhere near the expected passenger numbers. In response, the Pikeville-Pike County Airport Board is considering putting $220,000 into a marketing campaign.
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