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Intelligent Energy and Suzuki Motor Corporation establish joint venture company to develop and manufacture fuel cell systems

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Intelligent Energy and the Suzuki Motor Corporation have created a joint venture company called SMILE FC System Corporation to develop and manufacture air-cooled fuel cell systems for a range of industry sectors. Under the terms of the contract, both companies will take a 50% stake in the joint venture.

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Nissan FY 2014 global corporate activities reduce CO2 emissions by 22.6% compared to FY 2005

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made progress in reducing CO 2 emissions and improving sustainability in its global corporate activities in fiscal year 2014 while simultaneously increasing vehicle production and plant energy efficiency. The company achieved a 22.6% Nissan Motor Co.,

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Hertz ordering 100,000 Teslas by end of 2022

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Hertz was the first US car rental company to introduce EVs to its rental fleet in 2011 and the first to implement a wireless charging system for electric vehicles. Hertz said these ambitions could be affected by factors outside of Hertz’s control, such as semiconductor chip shortages or other constraints.

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Biogasoline company Terrabon files for Chapter 7 liquidation

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Terrabon, a company commercializing a waste-to-biogasoline technology developed at Texas A&M, ( earlier post ), has filed for bankruptcy protection under Chapter 7 of the Federal bankruptcy laws. In January 2011, Terrabon, Inc. Earlier post.).

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Four new corporate partners join DOE National Clean Fleets Partnership

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Four new corporate partners—Best Buy, Johnson Controls, Pacific Gas and Electric, and Veolia—are joining the US Department of Energy’s (DOE) National Clean Fleets Partnership, a broad public-private partnership that assists the nation’s largest fleet operators in reducing the amount of gasoline and diesel they use nationwide.

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BMW i Ventures makes strategic investment in electric bus company Proterra; part of $55M round

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Generation Investment Management LLP, a long-term, sustainability focused investment firm led the round, which was joined by BMW i Ventures, the corporate venture capital team founded by BMW Group in 2011. The company recently launched of the industry’s first autonomous bus development program with the University of Nevada, Reno.

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Lux Research: smart grid, energy storage, and EV M&A hits $2.4B in 1H 2011; start-ups selling at bargain prices

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Merger and acquisition (M&A) deals in the smart grid, energy storage, and electric vehicle (EV) sectors during the first six months of 2011 already totaled twice those made during all of 2010, and many more cash-starved start-ups are due for the auction block, according to a new report from Lux Research. M&A transactions totaled $2.42