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Groupe Renault changes China strategy: light commercial vehicles and electric passenger cars

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Groupe Renault is setting a new strategy for China, based on Electric Vehicles (EV) and Light Commercial Vehicles (LCV). Groupe Renault has sold close to 270,000 electric vehicles in the world since 2011. With 860,000 electric vehicles sold in China in 2019, China is by far the largest EV market in the world. Ltd (JMEV).

Light 378
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PowerGenix, China City Construction Corporation, and Huainan City partner on nickel-zinc battery manufacturing; targeting micro-hybrids

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PowerGenix, the leading manufacturer of high performance, rechargeable Nickel-Zinc (NiZn) batteries, China City Construction Corporation (CCCC) and Huainan City have signed a three-party agreement to create the first commercial-scale Nickel-Zinc (NiZn) battery manufacturing center. Earlier post.). Earlier post.).

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Intelligent Energy and Suzuki Motor Corporation establish joint venture company to develop and manufacture fuel cell systems

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Intelligent Energy and the Suzuki Motor Corporation have created a joint venture company called SMILE FC System Corporation to develop and manufacture air-cooled fuel cell systems for a range of industry sectors. Under the terms of the contract, both companies will take a 50% stake in the joint venture. —Osamu Honda.

Suzuki 250
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Hydrogenics awarded contract by US Hybrid Corporation for 5 HyPM HD fuel cell modules

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Hydrogenics Corporation has received orders for the delivery of five new generation HyPM HD Series Fuel Cell Power Modules from US Hybrid. US Hybrid specializes in the design and manufacture of power conversion systems for medium and heavy duty electric, hybrid and fuel cell commercial buses and trucks.

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CompactGTL forms partnership with Fluor Corporation

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In addition, the five-year framework contract will also cover putting the results of data from CGTL’s various demonstration plants into commercial practice, execution of feasibility and scoping studies and support the delivery of CompactGTL’s EPC (Engineering Procurement & Construction) contracts. Conceptual view of CompactGTL system.

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Lux Research: smart grid, energy storage, and EV M&A hits $2.4B in 1H 2011; start-ups selling at bargain prices

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Merger and acquisition (M&A) deals in the smart grid, energy storage, and electric vehicle (EV) sectors during the first six months of 2011 already totaled twice those made during all of 2010, and many more cash-starved start-ups are due for the auction block, according to a new report from Lux Research. M&A transactions totaled $2.42

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Four new corporate partners join DOE National Clean Fleets Partnership

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Four new corporate partners—Best Buy, Johnson Controls, Pacific Gas and Electric, and Veolia—are joining the US Department of Energy’s (DOE) National Clean Fleets Partnership, a broad public-private partnership that assists the nation’s largest fleet operators in reducing the amount of gasoline and diesel they use nationwide.