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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 ). In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers.

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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

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King County, Washington, Purchases 24 Azure Dynamics Balance Hybrid Electric Buses

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Azure Dynamics Corporation announced the sale of 24 Balance Hybrid Electric buses to King County, Washington for its Access Transportation services. StarTrans Bus, a Supreme Corporation company, provided the 22-foot shuttle bus bodies with a capacity of up to 12 seated passengers plus two wheelchair positions.

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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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Azure Dynamics Wins 10 Balance Hybrid Electric Sales to Kentucky Municipalities; Option for 40 Additional Buses

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Azure Dynamics Corporation recently won orders for up to 50 Balance Hybrid Electric Shuttle Buses by Kentucky municipalities. The stimulus funds were provided to members of the Kentucky Public Transit Association. The final bus serves in a pilot program for the Rural Transportation Enterprise Council (RTEC).

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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.

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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.

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