Apple and electric battery maker A123 Systems are nearing settlement of a legal tiff that saw the latter accusing the former of poaching its staff to set up a battery unit for its electric car venture. While final details are being worked ...
Tags: Apple, A123 Systems
The future looks bright for electric cars in China amid rapidly fluctuating gasoline prices and huge investments by the government to promote use of clean energy, industry sources said on Monday. However, inadequate battery technologies ...
Tags: Electric Cars, Battery Production
Wanxiang America, an affiliate of Chinese automotive parts maker Wanxiang Group, has received an approval from the US bankruptcy court to acquire the assets of American electric car maker Fisker Automotive for $149.2m. The company has won ...
The phrase "An army marches on its stomach," often attributed to Napoleon Bonaparte, underscores the importance of logistics in the military. And in the 21st century, keeping up the supply of diesel fuel is one of the most challenging ...
Hybrid Technology, led by Hong Kong billionaire Richard Li, has bid $55 million for Fisker Automotive's assets, just days after a bankruptcy judge in Delaware rejected Hybrid's plan to take over the failed electric-vehicle maker in a ...
Tags: Hybrid, Bankrupt Fisker, Bid War
Luxury plug-in hybrid carmaker Fisker Automotive looks set to file for bankruptcy protection in the US as soon as this week, according to latest reports. Under pressure from the US Department of Energy (DOE) to re-pay nearly US$200 ...
The executive chairman and co-founder of Fisker Automotive, Henrik Fisker, has walked out on the embattled electric car maker following “several major disagreements” with the company’s management board. Danish-born ...
Tags: Fisker, Co-Founder, Auto
US-based automobile maker GM has been conducting R&D with professionals in different industries on the possibility of storing energy on used automobile lithium batteries. Digitimes Research believes if the R&D is successful, it will lower ...
Tags: automobile maker, GM, used automobile lithium batteries, storing energy
Chinese automotive components manufacturer Wanxiang is planning to invest $450m in A123 Systems under a non-binding memorandum of understanding (MOU). The investement is expected to create the capital structure necessary for the company ...
Tags: Wanxiang, A123 Systems, MOU
Lithium ion battery maker A123 systems has finalised its agreement with Chinese automotive components manufacturer Wanxiang for the provision of $465m funds to continue its core businesses as well as its vehicle electrification and ...
Tags: lithium ion battery, A123 systems, vehicle electrification
US based automaker Chevrolet is planning to unveil its new Spark EV on 28 November during the 2012 Los Angeles Auto Show. Chevrolet Spark EV is the first electric vehicle made by General Motors since the EV1 project was signed in 2003. ...
Tags: Spark EV, Chevrolet, electric vehicle, General Motors
South Korean unit of General Motors, GM Korea is planning to introduce its new electric Chevrolet Spark in the domestic market in 2013. According to the company, the new electric Chevy Spark car will be manufactured at GM's Changwon plant ...
Tags: GM Korea, electric Chevrolet, 2013
US based company, A123 systems has unveiled a new lithium ion battery technology, the Nanophosphate EXT, which will enable the pack to operate at extreme temperatures without requiring thermal management. The electric vehicle battery ...
Tags: A123 systems, lithium ion battery, electric vehicle battery packs
US based automotive parts maker Johnson Controls has signed an agreement to acquire bankrupt lithium iron phosphate batteries and systems manufacturer A123 Systems' auto business for $125m. Under the terms of agreement Johnson Controls ...
Tags: Johnson Controls, bankrupt lithium iron phosphate batteries
Sycamore Networks(NASDAQ--SCMR),whose optical switches and telecom software have powered carrier networks around the world since 1998,says it is shutting down.The company is selling off assets of its Intelligent Bandwidth Management ...
Tags: Sycamore Networks, Intelligent Bandwidth Management business