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EnerSys Acquires German Lithium-Ion Battery Maker
EnerSys has completed the acquisition of the minority interest of EAS Germany GmbH previously owned by GAIA Akkumulatorenwerke GmbH, a wholly owned subsidiary of Lithium Technology Corporation (LTC).
Daimler Invests in Ride-Sharing Service Carpooling.com
26 July, 2012 07:56:00
Daimler AG is investing €8 million ($10 million) in ride-sharing service Carpooling.com GmbH as growing cities, economic conditions, environmental concerns and gas prices lead more automakers to rethink their approach to doing business in urban areas.
Green Automotive Buys UK-Based Liberty Electric Cars
24 July, 2012 01:46:00
Green Automotive Company today announced it has closed the acquisition of Liberty Electric Cars Ltd. following its announcement on June 29th of the signing of a definitive agreement to acquire the Liberty business.
Toyota to Buy Vans from PSA Peugeot Citroen
23 July, 2012 10:29:00
Toyota’ European subsidiary Toyota Motor Europe NV/SA (TME) and PSA Peugeot Citroen (PSA) have signed an agreement under which PSA will supply light commercial vehicles to TME for sale under the Toyota brand in the European market.
A123 to Supply Battery Packs to BAE Systems
20 July, 2012 03:14:00
A123 Systems, a developer and manufacturer of advanced nanophosphate lithium-ion phosphate batteries and systems, said it signed a deal BAE Systems to supply a new type of lithium-ion battery packs to BAE Systems to power city transit buses across the globe.
GM Signs Logistics Agreement with PSA Peugeot Citroen
03 July, 2012 02:47:00
GM and PSA Peugeot Citroen have reached a long-term, exclusive agreement to transfer the majority of GM's logistics business in Europe to Gefco, a wholly-owned unit of PSA Peugeot Citroen.
Green Automotive Acquires Liberty Electric Cars
30 June, 2012 04:04:00
Green Automotive Company announced that it has signed an agreement to acquire Liberty Electric Cars Limited.
BMW and Toyota Expand Agreement to Fuel Cells, Sports Car
29 June, 2012 08:19:00
BMW and Toyota have formally signed a memorandum of understanding (MoU) aimed at collaborating on a wide range of shared fields, including fuel cell development and future sports car.
Dongfeng Motor Invests USD 800m for New Plant in China
25 June, 2012 12:41:00
Dongfeng Motor Co., Ltd. (DFL), Nissan's joint venture in China, announced it will build an all-new manufacturing facility in Dalian, Liaoning Province, China with an investment of up to USD $800 million.
Saab Auto Sold to Asian Electric Car Consortium
13 June, 2012 08:56:00
Bankrupt Swedish car maker Saab Automobile have been sold to National Electric Vehicle Sweden AB, a company set up by a Chinese-Japanese investment group with the aim of making electric cars.
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