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Boulder Electric Vehicles Shuts LA Facility

socalTECH

Boulder Electric Vehicles , a startup developing electric powered has shut down its production facility in Chatsworth, as the company looks for a buyer. The DailY News reports that the family laid off around 50 people at the Chatsworth plant as a result of the shutdown, as the company has "mothballed" its operations.

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Kinetic Traction Systems, With VC Backing, Takes On Mass Transit Energy Storage

socalTECH

Chatsworth-based Kinetic Traction Systems , a new startup headed by former Pentadyne Power COO Richard Newark, said today that it has launched the firm, and is looking to apply flywheel energy storage to the mass transit and rail market.