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ITOCHU Takes Equity Stake in THINK; Expanded Partnership for THINK EV and Drive System in Asia

Green Car Congress

This initial investment in THINK is characteristic of ITOCHU’s investment strategy, taking toehold positions and increasing equity stakes on the business achieving certain milestones. THINK says that business-to-business agreements for the controller are underway in Asia, Europe and South America.

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Ford Unveils Next-Generation Global Focus at NAIAS; Features New 2.0L DI Engine with Powershift Dual-Clutch Transmission for NA Market

Green Car Congress

The new C-car family from Ford will advance the ONE Ford strategy by offering a global product with a high degrees of commonality across all regions. Ford says that customer research from The Americas to China has validated its move to transform product development operations from a regional basis to a truly global basis.

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BMW MINI E Powered by AC Propulsion?

Revenge of the Electric Car

The biggest obstacle for those who would prefer an alternative has been lack of purchasable plug-in electric vehicles since 2003 when auto manufacturers ceased production of plug-in EVs like the GM EV1, Honda EV Plus, and Toyota RAV4-EV. The battery pack is comprised of 5,088 lithium-ion cells for a cummulative 35kWhrs of energy storage.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. BYD CEO Wang Chuan-Fu figured out how to make cheaper batteries than the Japanese by replacing machines with migrant workers. By about 2000, BYD had become one of the worlds largest manufacturers of cellphone batteries.

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