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Chinese automaker BYD Co. is pledging to bring an electric vehicle to the U.S. next year, a development that threatens to steal some of the marketing spotlight General Motors Co. hopes to grab when it introduces its own Chevy Volt in the second half of 2010.BYD chairman Wang Chuanfu told...
Posted on August 25, 2009 8:35 AM
BYD Co. Ltd. says it signed a contract with one of China's top three auto groups to supply it with lithium-ion batteries for hybrid cars. China's Big Three are Shanghai Automotive Industry Corp., known as SAIC, China First Automobile Works Group Corp., known as FAW Group, and Dongfeng Motor Corp....
Posted on August 18, 2009 2:02 PM
For a while now we've covered news of automakers driving ahead with plans for electric vehicles and lithium-ion battery makers jostling for position to profit from this initiative. The Wall Street Journal shone its own light on this race and highlighted the government's role.The report said the Energy Department has...
Posted on May 26, 2009 1:14 PM
In January, A123Systems Inc. lost out to a Seoul competitor in the race to get a General Motors Corp. (NYSE:GM) contract to supply lithium-ion batteries for electric cars at a new Michigan plant. So, the eight-year-old Watertown, Mass., company just turned to another U.S. auto giant -- Chrysler LLC.On Monday,...
Posted on April 6, 2009 1:12 PM
CD has been keeping an eye on developments in the auto industry's global push to make energy-efficient vehicles and the infrastructure to support their sale. Here's the latest: MidAmerican Energy Holdings Co., majority owned by Warren Buffett's Berkshire Hathaway Inc., just invested HK$1.8 billion ($230 million), in China's BYD Co....
Posted on September 29, 2008 5:10 PM
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