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General Motors And Tengzhong Sign Definitive Agreement For Sale Of HUMMER

Green Car Congress

Ltd (Tengzhong) have entered into a definitive agreement that will allow Tengzhong to acquire GM’s HUMMER brand. Under the terms of the definitive agreement, the buyer will acquire the ownership of the HUMMER brand, trademark and tradenames, as well as specific IP license rights necessary for the manufacture of HUMMER vehicles.

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smart USA and Nissan to Collaborate on New Gasoline-Powered B-Segment Vehicle for the US Market

Green Car Congress

for collaboration on a new vehicle for sale in the United States. Pursuant to the terms of the MOU, smart USA would obtain the rights to procure and distribute a five-door, gasoline-powered, B-segment vehicle from Nissan for sale through the smart USA retail dealership network in the United States. Click to enlarge.

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EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market

Green Car Congress

Genomatica has been producing BDO at pilot scale in 3,000 liter fermentations since the first half of 2010, and is moving to production at demonstration scale in 2011. Kraton introduced NEXARTM polymers in the United States, China, and Germany during 2010. billion pound, $3-billion worldwide market. Small business: BioAmber, Inc.,

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EPA trends report sees record levels of average new vehicle fuel economy and CO2 emissions for MY 2012; role of new gasoline vehicle technologies

Green Car Congress

This represents a 6% decrease relative to MY 2011, and essentially offsets the 5% increase from MY 2010 to MY 2011. Ten of the eleven major manufacturers increased fuel economy from MY 2011 to MY 2012, the last two years for which EPA has definitive data. (VW VW was the exception.)

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

GM has announced plans for public sales in 2010, and almost every carmaker now says it will sell PHEVs or highway-speed battery electric vehicles (BEVs) sometime after 2010. Committed to sales of 10,000 or more vehicles in late 2010, with increasing production in 2011. todays answer is "Yes -- but not yet."

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

Electric vehicles are "definitely affordable and environmentally friendly technology, and we think theres a huge potential market in China for them," Li Shufu, Geelys chairman, said in an interview Monday. Chevrolet Volt plug-in hybrid, which is expected to sell for $40,000 when it goes on sales in the U.S. in late 2010.

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Dodge Circuit EV First Drive: electric car makes grand promises on Earth Day

Tony Karrer Delicious EVdriven

The trouble is you then have to stop right away, which brings about some pretty strong regenerative braking action, something that Chrysler needs to work on before making the Circuit available for sale. Not to mention the parts you most definitely could sell from the running gear. Follow us on Twitter!