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Allison Transmission makes strategic equity investment in Jing-Jin Electric Technologies

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As part of JJE’s upcoming IPO at The Science and Technology Innovation (STAR) Board on the Shanghai Stock Exchange, Allison will make a strategic investment of 264 million CNY (approx. Established in 2008, JJE is an electrified propulsion leader in components, assemblies and systems for global automotive and commercial vehicle customers.

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BYD, Toyota to establish joint company for battery-electric vehicle research and development

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and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). Core parts for electrified vehicles such as batteries, motors and power electronics are among the products that BYD develops in-house. BYD Company Ltd.

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Toshiba doubles anode capacity in next-generation Li-ion battery; titanium niobium oxide; application in FY 2019

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Toshiba Corporation announced the development of its next-generation SCiB (Super Charge ion Battery), which uses a new material to double the capacity of the battery anode. Toshiba launched the SCiB as a safe, long-life, fast charging lithium-ion battery in 2008 ( earlier post ).

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BYD, Toyota jointly to develop battery electric vehicles for Chinese market

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and Toyota Motor Corporation have signed an agreement for the joint development of battery electric vehicles (BEVs). Core parts for electrified vehicles such as batteries, motors and power electronics are among the products that BYD develops in-house. BYD Company Ltd.

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EIA: world petroleum use sets record high in 2012 despite declines in North America and Europe

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In 2009, Asia surpassed North America as the world’s largest petroleum-consuming region as consumption rebounded from its 2008 decline. Between 2008 and 2012, Asia’s consumption increased by 4.4 Declines in petroleum consumption in the United States in 2008 and 2009 occurred during the economic downturn. Source: EIA.

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Hexagon Composites completes development and initial delivery of H2 storage tanks for Toyota heavy-duty fuel cell truck

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Toyota unveiled the fuel cell truck proof-of-concept in April as part of a feasibility study by the Port of Los Angeles, supporting the Port’s efforts to reduce harmful emissions. Hexagon received the order from Hydrogenics Corporation, a leading developer and manufacturer of hydrogen generation and hydrogen-based power modules.

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AvtoVAZ launches 3 concepts at Moscow Motor Show; collaboration with Renault-Nissan

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AvtoVAZ, the largest automaker based in Russia, a part of Rostec Corporation, introduced three new LADA concept cars at the Moscow International Motor Show 2014. Having become a shareholder of AvtoVAZ in 2008, Rostec appointed a group of managers to develop AvtoVAZ in 2009.

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