Electric Car News; Electric Vehicles to Advance in China with Help from New Alliance between Eaton, IBM, AECOM, Beiqi Foton and Other Technology Leaders
BEIJING--(Investorideas.com renewable energy/green newswire )--Diversified industrial manufacturer Eaton Corporation today announced the formation of an alliance to accelerate the deployment of electric vehicles in cities across China. NESTIA, the New Energy Sustainable Transportation International Alliance, includes Eaton, AECOM, IBM, vehicle manufacturer Beiqi Foton Motor Co., lithium ion battery manufacturer MGL and electric motor provider Broad Ocean. The announcement took place at the Third Annual China Green Energy Auto Development Summit Forum hosted by Foton.
“Bringing together the leading experts in city planning and smart grid infrastructures with Eaton’s hybrid and electric vehicle technology will offer energy saving solutions to cities wishing to accelerate the adoption of clean energy vehicles and has the potential to rapidly advance the adoption of new technology in China”.NESTIA’s first project is to design and deploy electric buses that will utilize advanced components from Eaton, Broad Ocean and MGL.
“Bringing together the leading experts in city planning and smart grid infrastructures with Eaton’s hybrid and electric vehicle technology will offer energy saving solutions to cities wishing to accelerate the adoption of clean energy vehicles and has the potential to rapidly advance the adoption of new technology in China,” said Joe-Tao Zhou, president of Eaton in China.
NESTIA is part of a broader new global alliance between Eaton, AECOM and IBM to advance the adoption of clean energy vehicles, from plug-in to full electric across public and private transportation sectors in key markets worldwide. The group will place special focus on deployment of clean energy vehicles in taxi, bus, refuse and sanitation fleets, along with the accompanying charging infrastructure.
The new alliances combine expertise to address areas needed to accelerate the deployment of electric vehicles, including:
•Preparation of a master plan for public and private electric vehicle battery swapping and charging station networks to leverage the deployment of electric vehicle networks as a catalyst for improved mobility, land use and economic growth; •Design and development of plug-in and electric vehicles and electric vehicle service equipment utilizing a global and local supply chain; •Implementation of a public electric vehicle charging station network infrastructure that includes associated procurement and construction management services; •Review of a utility company’s grid infrastructure for its ability to support the new load requirements and a smart meter infrastructure and systems for utility companies; and •Assistance for utility companies in preparing a portfolio of business applications for enhancement and integration to electric vehicle-specific systems. “This type of solution offering is a great example of how AECOM can leverage our expertise in integrated sustainable transportation, planning and design to offer unique value to cities that are looking to support electric vehicles,” said Sean Chiao, executive vice president for AECOM China. "AECOM's continued success reflects our commitment to be the best at what we do globally - and to serving the best interests of our clients around the world."
"IBM understands the demands and challenges organizations, businesses and communities face when they begin the adoption of electric vehicles into their transportation mix,” said Brad Gammons, IBM Vice President of Energy and Utilities. “Working within the partnership we will provide systems integration and implementations tools that can help to create a robust business and technical EV infrastructure.”
About AECOM
AECOM (NYSE: ACM) is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 46,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation, and technical excellence in delivering solutions that enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in more than 100 countries and had revenue of $6.3 billion during the 12-month period ended June 30, 2010. More information on AECOM and its services can be found at www.aecom.com.
About IBM
IBM is working with clients in approximately 70 Smart Grid engagements across emerging and mature markets. For more information about IBM's smart grid initiatives, go to http://www.ibm.com/press/us/en/presskit/27725.wss and http://www.ibm.com/energy.
About Eaton
Eaton offers the world’s most complete line-up of clean energy drive systems for commercial vehicles with more than 50 million miles on its hybrid, plug-in hybrid, and hydraulic hybrid and has more than 1,000 electric hybrid systems in operation in China. In addition, Eaton has comprehensive facilities, field service and support to meet the unique needs of electric vehicle charging infrastructures in cities and communities around the world including China. Eaton also has a wide range of expertise in other markets that use free-standing electrical charging, including truck and bus stops, ports, marinas, recreational vehicles parks, government and city run garages that we can access to meet the unique needs of cities and communities around the world and including China.
Eaton began operations in China in 1993 through a joint venture agreement to manufacture steering control units and hydraulic motors. Since then, its presence has grown significantly in the country through acquisitions, joint ventures and wholly-owned subsidiaries. In 2004, Eaton moved its Asia Pacific headquarters from Hong Kong to Shanghai. In China today, Eaton has 27 operations with more than 10,000 employees.
Eaton Corporation is a diversified power management company with 2009 sales of $11.9 billion. Eaton is a global technology leader in electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Eaton has approximately 70,000 employees and sells products to customers in more than 150 countries. For more information, visit www.eaton.com.
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Showing posts with label electric car news. Show all posts
Showing posts with label electric car news. Show all posts
Monday, August 30, 2010
Thursday, August 05, 2010
Driving Green; Electric Car News; The electrification of transportation continues Ernst & Young Reports
Driving Green; Electric Car News; The electrification of transportation continues Ernst & Young Reports
Tesla Motors (Nasdaq: TSLA) in the spotlight in Q2
August 5, 2010 Driving Green at Investorideas.com reports on recent news and developments for green and electric car stocks for interested investors.
Read and Hear Driving Green Podcast and industry commentary, part of the green investor content at Investorieas.com and Renewableenergystocks.com:
Driving Green Podcasts and Commentary at Investorideas.com
Recent Electric and Green Car news and developments:
From a recent report by Ernst & Young;
US VC Investment in Cleantech Continues Upward Trajectory With $1.5 Billion Investment in Q2 2010
Best quarter since Q3 2008; top 10 deals account for two thirds of the total quarterly investment
Excerpt:
The electrification of transportation continues
The second quarter was marked by financing activity in the automotive industry.
Deals in this space included the $350 million second round investment in Better
Place, a Palo Alto-based provider of electric vehicle (EV) support
infrastructure. The largest deal of the quarter, this investment amounted to 23%
of total quarterly financings. Additionally, Fisker Automotive Inc., of Irvine,
CA, a plug-in hybrid EV manufacturer, raised $35 million and Eco Motors, a
manufacturer of diesel engines that are fuel efficient and lower emissions, from
Troy, MI, raised $23.5 million.
High level funding directed to automotive deals reflects a cross-industry belief
expressed by stakeholders across the EV value chain participating in Ernst &
Young's Cleantech Ignition Session on July 28: the EV industry transformation is
underway and the tipping point is not far off if significant collaboration takes
place throughout the US and worldwide.
Tesla Motors (Nasdaq: TSLA) was also in the spotlight in Q2 as it completed an IPO and then
received a $50 million strategic investment from Toyota to jointly develop
electric vehicles. California-based Coulomb Technologies announced plans to
provide nearly 5,000 free home and public charging stations for EVs to nine
regions in the US via a partnership with auto makers, including, Ford and
Chevrolet.
The momentum in EVs was underscored by President Obama's speech at the Smith
Electric Vehicles factory in Kansas City, MO on July 8 where he announced that
the US share of the world market for advanced batteries for electric and hybrid
vehicles could grow by 20%, up to 40% of the world's market, by 2015.
Full report http://www.investorideas.com/news/renewable-energy/8051.asp
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisoryservices. Worldwide, our 144,000 people are united by our shared values and anunwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.
www.ey.com
Green Car Stocks Snapshot:
EVCARCO (OTC.BB: EVCA) is the first automotive retail group dedicated to deploying a coast-to-coast network of eco-friendly dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, hydrogen fuel injection, and alternative fuel vehicles. EVCARCO has developed a dealer network allowing growth into most US States by 2012.
Tesla Motors, Inc. (Nasdaq: TSLA) designs, develops, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components. In addition to designing and manufacturing vehicles, Tesla sells and services them through its own sales and service network. Tesla has delivered over 1,000 Tesla Roadsters to customers in 22 countries. Tesla is headquartered in Palo Alto, California.
To research our full list of Green Automotive Stocks and battery stocks visit the renewable energy stock directory at Investorideas.com and RenewableEnergyStocks.com
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories. http://www.investorideas.com/membership/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit Investor Ideas showcase green stocks and research green stocks at: www.renewableenergystocks.com and http://www.investorideas.com/GI/
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Our Green Social Networks:
Cleantech Investor Member Network at Socialgo.com
http://investorideas.socialgo.com/
Renewable Energy Stocks Group on www.linkedin.com-
This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.
Visit and Join the Group on Linkedin.com:
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured green companies including EVCARCO (OTC.BB: EVCA) (five thousand per month in 144 shares), news submissions and online advertising
Disclosure .Learn about our green showcase options for publicly traded cleantech companies. To become a showcase company, contact us below.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
Source: www.RenewableEnergyStocks.com, www.Investorideas.com
Research the sector:
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp.Become a member and get even more : Investor Ideas members can login to access all 4 cleantech stock directories. Learn more : http://www.investorideas.com/membership/Investorideas.com goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
Tesla Motors (Nasdaq: TSLA) in the spotlight in Q2
August 5, 2010 Driving Green at Investorideas.com reports on recent news and developments for green and electric car stocks for interested investors.
Read and Hear Driving Green Podcast and industry commentary, part of the green investor content at Investorieas.com and Renewableenergystocks.com:
Driving Green Podcasts and Commentary at Investorideas.com
Recent Electric and Green Car news and developments:
From a recent report by Ernst & Young;
US VC Investment in Cleantech Continues Upward Trajectory With $1.5 Billion Investment in Q2 2010
Best quarter since Q3 2008; top 10 deals account for two thirds of the total quarterly investment
Excerpt:
The electrification of transportation continues
The second quarter was marked by financing activity in the automotive industry.
Deals in this space included the $350 million second round investment in Better
Place, a Palo Alto-based provider of electric vehicle (EV) support
infrastructure. The largest deal of the quarter, this investment amounted to 23%
of total quarterly financings. Additionally, Fisker Automotive Inc., of Irvine,
CA, a plug-in hybrid EV manufacturer, raised $35 million and Eco Motors, a
manufacturer of diesel engines that are fuel efficient and lower emissions, from
Troy, MI, raised $23.5 million.
High level funding directed to automotive deals reflects a cross-industry belief
expressed by stakeholders across the EV value chain participating in Ernst &
Young's Cleantech Ignition Session on July 28: the EV industry transformation is
underway and the tipping point is not far off if significant collaboration takes
place throughout the US and worldwide.
Tesla Motors (Nasdaq: TSLA) was also in the spotlight in Q2 as it completed an IPO and then
received a $50 million strategic investment from Toyota to jointly develop
electric vehicles. California-based Coulomb Technologies announced plans to
provide nearly 5,000 free home and public charging stations for EVs to nine
regions in the US via a partnership with auto makers, including, Ford and
Chevrolet.
The momentum in EVs was underscored by President Obama's speech at the Smith
Electric Vehicles factory in Kansas City, MO on July 8 where he announced that
the US share of the world market for advanced batteries for electric and hybrid
vehicles could grow by 20%, up to 40% of the world's market, by 2015.
Full report http://www.investorideas.com/news/renewable-energy/8051.asp
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisoryservices. Worldwide, our 144,000 people are united by our shared values and anunwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.
www.ey.com
Green Car Stocks Snapshot:
EVCARCO (OTC.BB: EVCA) is the first automotive retail group dedicated to deploying a coast-to-coast network of eco-friendly dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, hydrogen fuel injection, and alternative fuel vehicles. EVCARCO has developed a dealer network allowing growth into most US States by 2012.
Tesla Motors, Inc. (Nasdaq: TSLA) designs, develops, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components. In addition to designing and manufacturing vehicles, Tesla sells and services them through its own sales and service network. Tesla has delivered over 1,000 Tesla Roadsters to customers in 22 countries. Tesla is headquartered in Palo Alto, California.
To research our full list of Green Automotive Stocks and battery stocks visit the renewable energy stock directory at Investorideas.com and RenewableEnergyStocks.com
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories. http://www.investorideas.com/membership/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit Investor Ideas showcase green stocks and research green stocks at: www.renewableenergystocks.com and http://www.investorideas.com/GI/
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Our Green Social Networks:
Cleantech Investor Member Network at Socialgo.com
http://investorideas.socialgo.com/
Renewable Energy Stocks Group on www.linkedin.com-
This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.
Visit and Join the Group on Linkedin.com:
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured green companies including EVCARCO (OTC.BB: EVCA) (five thousand per month in 144 shares), news submissions and online advertising
Disclosure .Learn about our green showcase options for publicly traded cleantech companies. To become a showcase company, contact us below.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
Source: www.RenewableEnergyStocks.com, www.Investorideas.com
Research the sector:
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp.Become a member and get even more : Investor Ideas members can login to access all 4 cleantech stock directories. Learn more : http://www.investorideas.com/membership/Investorideas.com goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
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