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Li-ion maker Boston-Power adds $30M in funding; China expansion

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GSR Ventures is an early-stage venture capital firm focused on building world-class technology companies in China. Long-standing Boston-Power investors Oak Investment Partners and Foundation Asset Management (FAM) also participated. '. The firm invests primarily in the Internet, wireless, green technology, and semiconductor sectors.

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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Europe is behind on hybrid bus deployments, although stimulus. would purchase 500 battery electric buses.

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EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

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in 2011 as economic growth fuels higher energy consumption. However, even with increases in 2010 and 2011, projected CO 2 emissions in 2011 are lower than annual emissions from 1999 through 2008. million bbl/d in 2011, similar to the forecast of last month. in 2011, primarily because of projected rising crude oil prices.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. Click to enlarge.

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German Transport Ministry Includes Mercedes-Benz Citaro G BlueTec Series Hybrid City Bus in Its Electric Mobility Development Program

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The German Ministry of Transport, Building and Urban Affairs (BMVBS) will provide funding for Daimler Buses to develop, evaluate, and test the first small fleet of Mercedes-Benz Citaro G BlueTec Hybrid articulated buses ( earlier post ). The Citaro G BlueTec Hybrid is a series diesel-hybrid city bus able to run solely on electric power.

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GE to Open Sodium-Metal Halide Battery Plant in New York

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The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. Immelt said that GE expected to generate about $500 million in sales from its batteries by 2015, building forward to a $1-billion franchise over time.

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First fleet of 100 Mercedes-Benz Vito E-Cell electric vans covers 650,000 km in customer use; more model variants planned

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Mercedes-Benz delivered the first vehicles for field testing to testing partners in Berlin at the beginning of September 2010, and in Stuttgart in January 2011. In Stuttgart, the Integrated Concept for Sustainable Electric Mobility project (IKONE) is being funded by the German Federal Ministry of Transport, Building and Urban Development.

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