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Lithium-Ion Battery Maker Ener1 Receives $20M Strategic Equity Investment from ITOCHU

Green Car Congress

ITOCHU, which began its strategic relationship with Ener1 in 2003, purchased 3.2 million shares of common stock from Ener1 at a price of $6.18 Earlier post.). Separately, EnerDel has active relationships underway with automakers Think, Volvo, Mazda, Nissan ( earlier post ) and Fisker ( earlier post ). (At Earlier post.). Earlier post.).

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UK study concludes cumulative global sales of EVs could reach 30M units by 2050, or 1.5% of projected global car parc; decisive global action required

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million units/year); the availability of subsidies and incentives; the availability of an extensive and expensive recharging infrastructure and adequate energy supplies; the future cost of oil; and the cost of meeting transport emissions legislation through means other than EV production. Can EVs truly contribute to grid balancing?

Global 225
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EnerDel Partners with Mazda, Itochu, and Others for Smart Grid Integration Project in Japan

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US-based lithium-ion battery producer EnerDel will supply the advanced battery systems at the heart of a new project, based in Tsukuba City, Japan, combining electric vehicles (EVs), stationary grid storage, solar power and a rapid charging infrastructure a in a real-world operating environment. Earlier post.). Earlier post.)

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London Calling: Congestion Charge Recharges Electric Cars

Plugs and Cars

Thanks in large part to Mayor "Red Ken" Livingstone, who enacted London's much criticized congestion charge policy in 2003. Still I suspect there would be greater demand than initial supply. London could soon replace California as the electric car capital of the world. India's Reva was first into the market with the G-Wiz. “We

London 100
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Renault-Nissan Alliance and Electromotive to Collaborate on Charging Infrastructure

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The Renault-Nissan Alliance and UK company Elektromotive, a provider of electric vehicle recharging stations, are collaborating in the Partnership for Zero-Emission-Mobility, with the aim of accelerating the installation of charging networks for plug-in vehicles in cities. Earlier post.)

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Sandia Labs and HHC partner to design metal hydride hydrogen storage system for forklifts

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Plus, they no longer have to purchase battery rechargers or dedicate space for recharging. HHC, founded in 2003 by Dr. Craig Jensen, is a spin-off from the research effort on hydrogen storage materials that has been on-going since 1987 in his laboratories in the Department of Chemistry at the University of Hawaii at Manoa.

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Honda includes stop-start system in new 2016 Honda Pilot for improved fuel economy, new 9-speed

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Honda VCM deactivates the cylinder by using its VTEC (Variable Valve Timing and Lift Electronic Control) technology to keep the intake and exhaust valves in the closed position to halt fuel supply. Keeping the valves closed in the cylinder to stop fuel supply also prevents aspiration in that cylinder.