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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. But capacity utilisation in manufacturing and other sectors in the quarter was 74.5 per cent, 1.3

Chinese 40
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China Car Sales Likely Hit New Record in April

Green Car Congress

Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 million units, according to estimates from the China Association of Automobile Manufacturers (CAAM). Assuming the CAAM figures are borne out by official data, April would be the fifth straight month of growth for the industry.

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Ricardo responds to electric drive stimulus package

Green Cars News

Ricardo, one of the leaders in the development of electric and hybrid vehicles, has welcomed President Obama’s announcement of $2.4billion in grants to accelerate the manufacturing and deployment of the next generation of US batteries and electric vehicles.

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Smart Meters and Electric Cars

Revenge of the Electric Car

Automakers unveiled more than a dozen production-ready, plug-in electric and hybrid electric vehicles at the Detroit auto show earlier this month, many of which will be on dealership lots between 2010 and 2012. So instead, Edison and auto manufacturers are turning to “smart metering&# technologies.