Remove Corporation Remove Future Remove Industry Remove Stimulus
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BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

Green Car Congress

Ten leading German corporations are jointly founding the Quantum Technology and Application Consortium ( QUTAC ). Specifically, applications for the technology, chemical and pharmaceutical, insurance and automotive industries are to be brought to market maturity. QUTAC’s vision is to drive such a quantum computing ecosystem.

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Battery Innovation Center opens in Indiana

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The BIC will leverage Indiana’s public and private sector assets in advanced battery technologies to create a center of excellence that will meet the research and development, rapid prototyping and contract manufacturing needs of industry, academic and military customers. After receiving $15.6

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GE to Open Sodium-Metal Halide Battery Plant in New York

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The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. GE has invested more than $150 million to develop advanced battery technologies, including the high-energy density, sodium-based chemistry battery that will provide energy storage for several future product applications.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. He also believes that sub-1.6L

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Annual investment in the global renewables industry had grown from $16.5

Financing 150
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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

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According to Marcero, who is part of the firm’s Corporate Advisory and Restructuring Services team based in Southfield, Mich., Suppliers struggled to make money when industry volumes were almost double what they are today, and the consolidation that has occurred has been happening mostly among smaller companies at the lower tiers.

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Plug-in cars: Moving Forward

Plugs and Cars

In the past industry ultimately called the shots. The taxpayer is financing the American automakers’ survival and their future. In addition to the California funds there is federal stimulus money, $41 million by mid-April, being doled out to their projects, many of zero environmental benefit. Will we get our money’s worth?

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