Chisen Electric Corporation (OTC: CIEC) , a leading lead-acid motive battery producer for the electric bicycle market in the People’s Republic of China, announced today it has signed a series of agreements with local government officials, which provide relocation funding from the government for moving all current production within a year at its oldest plant (Plant A) at Jingyi Road in Changxing County to its nearby (1.5 km) Plant B where the Company also has been manufacturing lead-acid batteries since 2008.
Stockhouse.ca reports since the Gulf oil spill , President Barack Obama backs Lithium developers. One of the lithium exploration and development companies that is moving as fast as possible to capitalize on the burgeoning demand for lithium, particularly in the United States, is Rodinia Lithium Inc. (TSX: V.RM, Stock Forum). Rodinia Lithium’s (CVE:RM) President, William Randall says: “We’re [...]
Süd-Chemie AG, a worldwide leading specialty chemical company based in Munich/Germany, is reported to invest approximately EUR 60 million in the production of lithium iron phosphate (LFP), a high performance energy storage material used in batteries for electric vehicle drives and other applications.
The Nikkei business daily reported that Hitachi Ltd (6501.T) is to sign a high-speed railway project deal in the UK. This deal is worth more than 500 billion yen ($5.62 billion).
According to Frost & Sullivan, the worldwide lithium-ion battery market was roughly $7 billion in 2008 including $5.5 billion for consumer products, $1.5 billion for industrial products and $28 million for transportation.
General Electric Co., a major investor in wind- and solar-energy projects, plans to invest as a venture capitalist in emerging green technologies.
Nissan CEO plans to introduce the Leaf, a small, all-electric car (earlier this year we test-drove a prototype) next year. This will be the first purpose-built EV from a major manufacturer since the 1996 GM EV-1.
Wednesday, August 25, 2010