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BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

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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.

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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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The report highlights the potential for investments in zero-emissions energy and transport to create new jobs and economic growth. trillion more each year should be invested worldwide in improving transport, particularly mass transit systems and the extension of railway networks. It suggests that $1.4

Global 170
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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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Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. He also believes that sub-1.6L

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MassCEC Approves $5M Forgivable Loan for A123 Systems; Targeted at Expansion for Grid Storage Systems

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A123 Systems has added more than 50 corporate and research and development jobs in Massachusetts in the last year associated with its expanded US manufacturing capacity in Michigan. Under the terms of the MassCEC financing, A123 will double its Massachusetts employment to more than 500 by 2014.

Grid 199
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National Alliance for Advanced Transportation Batteries Opts for Kentucky Site for Li-ion Plant

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The National Alliance for Advanced Transportation Batteries (NAATBatt) ( earlier post ) has selected a site in Hardin County, Kentucky to build a more than $600-million automotive lithium-ion battery plant. Kentucky was selected over Texas, Illinois, Kansas, Missouri, New York, Pennsylvania and South Carolina.

Li-ion 150
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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He identified three major themes in 2009 for renewable energy: “ Energy markets are undergoing their most fundamental changes since the 1930s; cap and trade is the most complex issue outside of health care; and schisms exist within the energy community that will grow stronger over time. Energy Markets in a State of Change.

Financing 150
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Freightliner Custom Chassis Corporations All-Electric Walk-In Van Chassis Debuts at NTEA Work Truck Show; Enova Drive System, Tesla Battery Pack

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Freightliner Custom Chassis Corporation (FCCC) presented the preproduction plug-in all-electric walk-in van (WIV) chassis at the 2010 National Truck Equipment Association (NTEA) Work Truck Show. Targeted at the pickup and delivery market, the MT-45 chassis boasts a GVWR of 14,000 to 19,500 lbs. The all-electric WIV chassis.