6 result(s) displayed (1 - 6 of 6):

The field expands in electric car race (from Corporate Dealmaker)

The list of companies targeting the electric car market just got longer. Auto suppliers ZF AG and Continental Corp. are teaming to develop and manufacture hybrid drives for commercial vehicles. Under terms of the deal, ZF, a supplier of drive line and chassis technologies, will provide the parallel hybrid transmission....

Posted on May 8, 2009 7:30 AM

Indy e-car maker Tesla looking for $350m DOE check (from Corporate Dealmaker)

Tesla Motors Inc. CEO Elon Musk is a determined and optimistic man, even though his Silicon Valley firm is losing money. The electric car maker's fourth chief has been held up by production delays but expects profitability by mid-year. Much of his hope rests on a $350 million check from...

Posted on February 12, 2009 3:45 PM

Panasonic cuts 15,000 while $9B Sanyo takeover stalls (from Corporate Dealmaker)

Adding to recent major Japanese corporate cutbacks, appliance maker Panasonic Corp. said it would shut down plants and cut 15,000 employees, as well as reported a net loss for the last quarter and revised its annual forecast downward. All this while it's trying to acquire Sanyo Electric Co. Ltd. for...

Posted on February 4, 2009 10:11 AM

Organization of Lithium Exporting Countries? (from Corporate Dealmaker)

We have extensively covered dealmaking in the market for lithium-ion batteries used in hybrid and electric cars, including the latest news coming from battery maker Johnson Controls Inc. and Ford Motor Co. But here's something we didn't know: Bolivia is pretty much the Saudi Arabia of  lithium, holding about 50%...

Posted on February 3, 2009 1:28 PM

Johnson Controls JV wins Ford battery deal (from Corporate Dealmaker)

Milwaukee's Johnson Controls Inc. continues to make progress in its move into lithium-ion batteries. Johnson's joint venture with Paris-based Saft SA said it will supply the complete battery system for Ford Motor Co.'s first series production plug-in hybrid electric vehicle, which will be introduced in 2012. The five-year supply agreement...

Posted on February 3, 2009 10:22 AM

Is GM going bust, or green? Or maybe both? (from Corporate Dealmaker)

General Motors Corp. may be trying to stave off bankruptcy, but it's also building an important new plant. The plant is in Michigan and is devoted to making batteries for electric cars. GM wants to bring its electric Chevy Volt to market next year and have the new plant supply...

Posted on January 13, 2009 5:00 PM