8 result(s) displayed (1 - 8 of 8):

A123Systems worth $1B? (from Corporate Dealmaker)

Figuring out valuations for any company is a tricky business, but it seems especially hard for A123Systems Inc., the lithium-ion battery maker that finally set its IPO terms on Sept. 9. On one hand, oil prices are on the mend, the Watertown, Mass., company is riding a wave of...

Posted on September 10, 2009 3:16 PM

Nissan-Renault forges ahead with Aussie deal (from Corporate Dealmaker)

Their global introduction of electric vehicles is two years away, but the Renault-Nissan Alliance is highly conscious of what that task entails. We've noted that its plan calls for creating a vertical countrywide infrastructure by teaming with governments and numerous companies in numerous industries. A year ago it announced a...

Posted on August 4, 2009 2:26 PM

Coda Series B attracts Hank Paulson (from Corporate Dealmaker)

Henry "Hank" Paulson Jr., former U.S. secretary of the Treasury under previous President George W. Bush, is throwing some green at California electric car and battery startup Coda Automotive. And so did fellow Goldman, Sachs & Co. (NYSE:GS) alumni Steven "Mac" Heller, who is co-chair of Coda. Coda raised...

Posted on July 28, 2009 3:06 PM

Nissan hiring, investing $700M for battery plants (from Corporate Dealmaker)

The U.K. and Portugal are offering government assistance for Japan's No. 3 automaker, Nissan Motor Co. Ltd. (NASDAQ:NSANY), to create lithium-ion battery plants in their countries as electric and hybrid vehicles come to market globally. The projected annual capacity for each plant is 60,000 units.Earlier this year, Nissan cut about...

Posted on July 20, 2009 11:58 AM

Quallion uses gov stimulus in li-ion battle (from Corporate Dealmaker)

As automakers such as General Motors Corp. revamp business models to profit from "green" cars, suppliers of technology -- such as lithium-ion batteries -- to run them are rushing to churn out more product. And they're using some government funds to do it. As part of President Obama's larger...

Posted on July 9, 2009 10:51 AM

Ford skipped bailout, now gets $5.9B from DoE (from Corporate Dealmaker)

Ford Motor Co. (NYSE:F) had the foresight to secure credit when it was still available, keeping it off the dole while rivals Chrysler LLC and General Motors Corp. got government bailout money and went into bankruptcy. And staying out of bankruptcy has kept it eligible for a more dignified form...

Posted on June 23, 2009 4:40 PM

Nissan's Ghosn 'not worried' about selling e-cars (from Corporate Dealmaker)

Japan's Nissan Motor Co. Ltd. (NASDAQ:NSANY), slated to receive a piece of the $25 billion the U.S. Department of Energy set aside for makers of fuel-efficient cars, will debut its first electric vehicle in August. Nissan plans to sell the cars -- with a 100-mile battery life -- in Japan...

Posted on June 23, 2009 10:23 AM

Obama bets billions to fuel electric car race (from Corporate Dealmaker)

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