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Hitachi Restructures, Spinning Off Automotive Systems Business; to Launch Group-Wide Strategies for Li-ion Battery and Renewables Businesses

Green Car Congress

At the same time, the new company will downsize, exit and restructure operations in business areas that offer little prospect of future market expansion or where Hitachi is uncompetitive. Hitachi will also establish Renewable Energy & Smart Grid Division in the Power Systems Group. and further restructuring measures considered.

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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

At present, PHEV technology alone is equipped to improve the current electric grid. The car can refuel during periods of low demand on the grid, and if equipped with a bi-directional charger, can actually replenish the grid with excess energy gleaned from a renewable resource. Appendix D: Vehicle Driving Statistics. slow charge.

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