Fisker Automotive Has Received New Financing
Bloomberg reported that plug-in hybrid sports car maker, Fisker Automotive Inc. has received new financing that raises its funding to $1.025 billion.
Bloomberg reported that plug-in hybrid sports car maker, Fisker Automotive Inc. has received new financing that raises its funding to $1.025 billion.
Seeking Alpha analyzes the reasons behind the rise of lithium-ion batteries in recent times.
Reuters reported that Galaxy Resources (ASX:GXY) plans to take over Lithium One (TSXV:LI) for C$109 million ($109.10 million).
Bloomberg reported that Posco (NYSE:PKX) and Korea Resources Corp. (NYSE:KEP) will construct the first lithium plant in Bolivia with Comibol.
Reuters reported Toyota Motor Corp (NYSE:TM) and BMW AG (TSX:BMW) initiated new research to develop a next-generation lithium-ion batteries.
The Associated Press reported that China is considering new investments to develop Bolivia's reserves of lithium.
Pike Research reported that lithium ion battery prices will drop by more than one-third by the year 2017.
EV World reported that A123 Systems (NASDAQ:AONE) updated on the production contracts for its 12V Engine Start Battery with three leading European automakers.
CBS News reported that A123 Systems' (NASDAQ:AONE) shares went up by 10% after it announced that it will supply Tata Motors (NYSE:TTM) with lithium ion battery for commercial vehicle hybrid electric systems use.
New York reported that Envia Systems announced that it has achieved a milestone in lithium-ion cell technology since it promises to increase in the energy density and reduce the price.
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