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Saab Automobile enters agreement with Hawtai Motor Group on strategic partnership

Green Car Congress

and Saab Automobile AB (Saab Automobile) have signed an agreement with Hawtai Motor Group Company Limited (Hawtai). As a part of the transaction Hawtai will invest€120 million for up to a maximum of a 29.9% —Victor Muller, CEO of Spyker and Chairman of Saab Automobile. Spyker Cars N.V.

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GE Transportation Unveils New Evolution Series Locomotive; 17% Reduction in Fuel Consumption, 70% Reduction in Emissions

Green Car Congress

The new model, which is part of GE’s ecomagination program, delivers a cleaner, faster, safer and more reliable alternative to the aging North American fleet of DC-powered locomotives. GE’s new AC motors have fewer parts to maintain and eliminate the electrical problems that hamper DC motors. The new Model ES44C4.

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GE’s Evolution Series Locomotive Delivers 6% Fuel Advantage Over Competitor

Green Car Congress

This system—similar to traction control on an automobile—limits wheel slip at start up, on inclines and in adverse weather conditions, ensuring optimum performance and less wasted energy. GE’s new AC motors have fewer parts to maintain and eliminate the electrical problems that hamper DC motors.

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