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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Compounding this are worries that Chinese producers with excess supply will ramp up exports, depressing prices globally.

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China Forecast to Produce 12M Vehicles This year

Green Car Congress

Chinese domestic auto makers were expected to produce and sell more than 8 million units of vehicles in first eight months this year respectively, said Chen Bin, director of the Department of Industry under the NDRC. Sales of China’s domestically-made automobiles totaled 1.09 million units in July, up 63.57

China 218
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ZAP, Zhejiang Jonway Partner to Target China and Export EV Markets

Green Car Congress

US-based electric vehicle provider ZAP and China auto manufacturer Zhejiang Jonway Automobile Co. The Taizhou-based automaker markets and sells vehicles in China through a network of more than 600 auto dealerships. ZAP hopes to leverage a stimulus from the government for plug-in forms of transportation. The Jonway A380.

China 186
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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

Green Car Congress

The growth capital and Chinese government incentives will be used predominantly to scale manufacturing, research and development, and business development activities in China for the company’s energy storage technology and products. Boston-Power, Inc., GSR Ventures has offices in Beijing and Silicon Valley. Purcell, Jr.,

Boston 199
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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. The car came straight to Omaha from the Detroit auto show. BYDs breakthrough all-electric E6, photographed at this years Detroit auto show. The E6 will hit the Chinese market later this year.

BYD 62
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Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

’s expertise on the auto industry in general, we are concerned that in its understanding of future pathways, it offers a flawed analysis and predictions based on business-as-usual,&# notes a posting on the California Car Initiative’s Web site. and Chrysler. Whatever B.C.G.’s Learn your facts before you post please.

Volt 42