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Automobile Information Europe honors the 2023 Emerging Stars

Baua Electric

Because the program used to be began in 2011, Automobile Information Europe has awarded greater than 230 Emerging Stars. From automakers to providers, production to attached automobiles, engineering to e-commerce, every Emerging Famous person has spearheaded alternate and made go up the occupation ladder.

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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

Although the Company’s intent is to improve its operating efficiencies and to obtain additional financing, there is no assurance that the Company will be able to obtain such financing on favorable terms, if at all, or to successfully further reduce costs in such a way that would continue to allow the Company to operate its business.

Grant 299
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Rusnano and I2BF invest $20M in Nesscap; production and research in Russia

Green Car Congress

Nesscap will use the proceeds from this financing for the establishment of a full-scale production facility for ultracapacitors and accompanying research center in the Russian Federation (US $15,000,000) and for the expansion of Nesscap’s current manufacturing and core R&D operations in Korea and for general corporate purposes (US $5,000,000).

Russia 186
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THE UNOBVIOUS ONES: Serving to Genesis Canada promote ‘anything else that drives benefit’ outdoor untouched automobiles

Baua Electric

That comes with old automobiles, finance-office merchandise and making plans for carrier profitability as extra of the fairly untouched model’s automobiles come off guaranty. “I Sujaa has a four-person crew at Mazda’s head employment in Richmond Hill, Ont. From the top employment in Markham, Ont.,

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

The AlixPartners 2011 Automotive Outlook finds that while automakers and suppliers have seen profits bounce back—North American original equipment manufacturers (OEMs) posted $12.5 million units in 2011 and only 13.6 pickup sales for 2011 are estimated to reach only 1.7 billion in 2010 profit on a net margin of 4.6%

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Avis Budget group to acquire car-sharing company Zipcar in cash deal for approximately $500 million

Green Car Congress

In particular, Avis Budget expects significant cost reductions across the fleet life cycle (from procurement to operations and maintenance to disposition, as well as financing), in addition to savings from eliminating Zipcar’s public-company costs. The companies expect substantial synergies in fleet utilization. Source: Avis Budget.

Companies 218
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China’s EV Subsidy

Revenge of the Electric Car

Buyers of electric vehicles will receive up to 60,000 yuan ($8,800), and buyers of certain gasoline-electric hybrids as much as 50,000 yuan, under the two-year program set to start this year in five cities—Shanghai, Hangzhou, Changchun, Shenzhen and Hefei—the ministry of finance said Tuesday. Japan’s Nissan Motor Co.,

E6 124