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Volkswagen and Suzuki to Establish Strategic Partnership; VW to Take 19.9% Stake in Suzuki, Suzuki to Invest in VW

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Because of limited availability of VW stock, the initial Suzuki purchase will be around ¥50 billion (US$569 million), said Osamu Suzuki, Chairman, President, CEO and COO of Suzuki during a press conference in Tokyo. And Volkswagen also has a list of priority items which has been shared with us. On what are we going to focus?

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Toyota Plug In

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which makes Panasonic products, will begin producing lithium-ion batteries next year and move into full-scale production in 2010, Toyota said. On June 11 and 12, the Brookings Institution and Google.org will host a conference entitled “ Plug-In Electric Vehicles 2008: What Role for Washington ?”

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Goal!

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As stated at the opening press conference by Austin's Mayor Will Wynn in January, 2006, “ Plug-in hybrids represent a real near-term solution to America’s over-reliance on foreign oil imports and energy prices that escalate the cost of everything and threaten the very economic life of our nation,” “The technology exists today ,” Wynn says.

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