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BYD Company Limited and Daimler AG have signed a contract creating a 50:50 research and technology joint venture called “Shenzhen BYD Daimler New Technology Co. Ltd,” that will develop an electric vehicle for China. BYD and Daimler will invest RMB 600 million to use as registered capital for the Joint venture. The new generation of electric vehicles [...] Nissan Leaf EV The Renault-Nissan Alliance and the Portuguese consortium MOBI.E Tech have partnered for the promotion of electric mobility in Portugal, one of the first countries in the world to adopt a countrywide electric mobility policy. MOBI.E will include charging stations accessible to all electric vehicle brands. The stations will be installed all over [...] CODA, a California-based electric car and battery company, announced today its plans to build an automotive-grade lithium ion battery system manufacturing facility in Ohio. CODA is considering several sites within Ohio for the facility, which could employ more than 1,000 skilled manufacturing workers initially. Construction of the facility is contingent upon finalizing an incentive package [...] Here is the latest Green Car news for Tuesday, May 25th: Fuel Cell Vehicle JV Under Debate Between Daimler and Toyota: FT Deutschland have reported that Daimler and Toyota are discussing a joint development of fuel cells for electric vehicles. ‘There is strong interest in sharing development costs’ via a joint venture, a source close to [...] Pininfarina was the first industrial company in Italy, and one of the first in Europe, to propose a project for a 100% electric car, in collaboration with the French company Bolloré. Today, when all the large carmakers view the electric car as an opportunity, Pininfarina goes a step further, promoting a philosophy that incorporates the [...] GM fuel cell vehicle Abundant hydrogen is available on the island of Oahu to power a ramp up of fuel cell vehicles through a General Motors collaboration with The Gas Company (TGC), Hawaii’s major gas energy provider. TGC produces hydrogen along with synthetic natural gas and delivers it in its utility gas stream, with more [...] Universal Cars Ltd. (UCL), Mitsubishi Motors Corporation (MMC)’s importer and distributor for Hong Kong, announced today it will begin sales of the i-MiEV the new-generation electric vehicle to individuals. Mass-production i-MiEVs have already been delivered to the government of the Hong Kong Special Administrative Region of the People’s Republic of China (HKSAR) and some companies; however [...] The big announcement was made yesterday. Tesla Motors and Toyota are going to work jointly on the development of electric vehicles, parts, production system and engineering support. Toyota is going to invest $50 million in Tesla stock immediately after their IPO, and Tesla is purchasing the NUMMI plant that Toyota once produced vehicles in as part [...] In sharp contrast to Japanese carmaker Nissan which is moving full speed ahead into the EV (electric vehicle) market, Honda’s head of research has stated that the company remains skeptical about electric-cars, 10 years after it has stopped selling the EV-Plus battery-powered model. “We lack confidence” in the electric-vehicle business, Tomohiko Kawanabe, president of Honda’s research [...] Moving the global economy towards environmentally-friendly, clean technologies will increasingly hinge on rapid improvements in the recycling rates of so called “high-tech” specialty metals like lithium, neodymium and gallium. Such metals, needed to make key components for wind turbines and photovoltaics to the battery packs of hybrid cars, fuel cells and energy efficient lighting systems, exist [...] |
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