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Enel acquires eMotorWerks to provide grid balancing solutions and tap into US e-mobility market

Green Car Congress

The acquisition of eMotorWerks marks Enel’s entrance into the US electric mobility market. —Francesco Venturini, Head of Enel’s Global e-Solutions division. Enel is planning to use JuiceNet platform’s functions in all of its EV charging stations globally.

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BYD to build new $1.2B battery factory in China

Teslarati

The environmental fillings found on a local Chinese government website state that the project will come at an expected cost of 8 billion yuan ($1.2 BYD’s new battery production follows a string of announcements that BYD would be entering numerous global markets. However, a construction start date was not specified.

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Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

Green Car Congress

A new report from Pike Research forecasts that the global natural gas vehicle (NGV) sector is poised for a new period of growth. The cleantech market intelligence firm forecasts that the number of NGVs on the road worldwide will grow to 17 million vehicles by 2015, up from 9.7 million in 2008. Environmental benefits. Energy security.

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Daimler & Renault-Nissan Alliance expand cooperation to 1-ton pickup trucks

Green Car Congress

The primary target markets for the truck are Europe, Australia, South Africa and Latin America. Entering the rapidly growing segment of midsize pickups is an important step in continuing our global growth path. The three trucks will also be built in the Nissan plant in Barcelona, Spain, for other markets, excluding North America.

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Toyota Tsusho to acquire 15% stake in lithium miner Orocobre for US$232 million

Green Car Congress

Toyota Tsusho and Orocobre have been long-term partners in the development of the Salar de Olaroz Lithium Facility in Jujuy Province in northern Argentina, a lithium brine project, which was brought into successful production in 2014. Lithium brine operations typically have a much lower cost of production than hard-rock lithium deposits.

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Forecast: 17M Natural Gas Vehicles Worldwide by 2015

Green Car Congress

Pike Research forecasts that the NGV market will grow globally at a CAGR of 5.5% The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. Pike Research anticipates India will be the fastest-growing NGV market with a CAGR of 18.4% million in 2008. between 2008 and 2015.

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MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. Globally, natural gas vehicles are a small fraction, on the order of 1%, of the close to 900 million vehicles in the vehicle parc.

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