7 result(s) displayed (1 - 7 of 7):

VW, Varta charging Germany's e-car battery (from Corporate Dealmaker)

Volkswagen AG has hooked up with Varta Microbattery GmbH to accelerate the German auto industry's push into next-generation vehicle battery production. The companies have launched a research joint venture to produce batteries for electric cars. The venture is part of a broader effort by German industry -- with a nearly...

Posted on September 28, 2009 12:13 PM

Did Merkel and Obama share auto finance tips? (from Corporate Dealmaker)

Maybe not. Maybe when German Chancellor Angela Merkel met President Obama at the White House Friday, the economic discussion will be on higher-level issues, like why Germany doesn't stimulate enough (the U.S. view) and why the U.S. does it too much (the German opinion).Still, given the role that Fiat SpA...

Posted on June 26, 2009 1:45 PM

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

Porsche CEO Wiedeking to banks: More, please (from Corporate Dealmaker)

Porsche SE CEO Wendelin Wiedeking likes to present himself as the bad boy of Germany's corporate culture. And the country's clubby financial types have been happy to let him do what he wants -- because it's always made them money.But now they're getting nervous -- if not annoyed --...

Posted on March 3, 2009 11:01 AM

Buffett's MidAmerican in latest electric car deal (from Corporate Dealmaker)

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

Samsung, Bosch in yet another battery JV (from Corporate Dealmaker)

Betting on the future of hybrid vehicles, South Korea's Samsung SDI Co. Ltd. set up a $520 million joint venture with Germany's Robert Bosch GmbH to develop, manufacture and sell lithium-ion batteries. The 50-50 JV, SB LiMotive Co. Ltd., will be based in South Korea and start operations in...

Posted on June 19, 2008 4:51 PM

Sanyo, Volkswagen battery JV continues auto sector trend (from Corporate Dealmaker)

Clearly, bringing electric cars to market takes teamwork. Yet another joint venture was formed Wednesday to co-develop next-generation lithium-ion battery systems. Sanyo Electric Co. Ltd., which controls the greatest market share for the technology, is injecting ¥80 billion ($764 million) into a JV with Volkswagen AG...

Posted on May 28, 2008 2:47 PM