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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

This marks the first investment by a non-Chinese automotive company in a Chinese OEM. The official closing of the transaction followed a short time after the signing of the investment agreement between the two companies in Stuttgart earlier this year and a smooth approval by the relevant Chinese authorities.

Chinese 259
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Daimler to take 12% stake in BAIC Motor

Green Car Congress

The move, making Daimler the first non-Chinese automotive company to take a stake in a Chinese OEM, deepens an existing strategic partnership. It is also significant so that both companies can actively participate in the opportunities of the Chinese automotive market. Ltd to develop an electric vehicle for the Chinese market.

Motor 247
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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

Unfortunately, Solyndra’s timing was terrible, global poly-silicon supplies caught up with rising demand, going from a high of $500 per kilogram in 2008 to a mere $35 on spot markets today. Combined with a Chinese manufacturing boom, that lowered the overall cost of panels by 40 percent this year, Solyndra was unable to compete.

Solar 246
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Who Really Invented the Thumb Drive?

Cars That Think

—Henn Tan, as told to the Straits Times Many of these electronics products, including the chips in them, were produced in Asia, including Hong Kong, Indonesia, Malaysia, South Korea, Taiwan, Thailand—and Singapore—under the OEM system. An appeals court in the United Kingdom, however, was not persuaded, and Trek lost its patent there in 2008.

Singapore 145
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The Godfather of South Korea’s Chip Industry

Cars That Think

From 1975, when the nation had barely begun producing its first transistors, to 2008, when he retired from teaching, Kim trained more than 100 students, effectively creating the first two generations of South Korean semiconductor experts. But its dominance in the world market is now under threat. Korea Academy of Science and Technology.

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A Brief Look at Today's Plug-in Hybrid and Electric Vehicles and the Companies That Are Revolutionizing an Old Industry - Yahoo! Finance

Tony Karrer Delicious EVdriven

Finance Worldwide Argentina Australia New Zealand Brazil Canada China Chinese France French Canada Germany Hong Kong India Italy Japan Korea Mexico Singapore Spain Spanish Taiwan UK & Ireland Quotes and other information supplied by independent providers identified on the Yahoo! Look at What I used to Make Money at Home.