Posts with the category of International Business Deals

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0315_1 Vibramycin 100, Nissan and Toyota agree to standardize their EV charging stations in Japan -- and hope this leads to an international standard.

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Toyota, Nissan to standardize electric car recharger

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http://news.cnet.com/8301-11128_3-20000430-54.html

Top Japanese carmakers Toyota and Nissan helped set up a group to standardize fast-charge stations for electric cars on Monday in a bid to promote the spread of the zero-emission vehicles.

The group, led by Japan's biggest utility, Tokyo Electric Power, Toyota Motor, Nissan Motor, Mitsubishi Motors, and Fuji Heavy Industries, will set a standard for Japan and later aim for an international standard, vibramycin 100.

Some 158 companies and government bodies are expected to join, vibramycin medication, Vibramycin drug, including 20 non-Japanese firms such as PG&E, Enel, vibramycin doxycycline hyclate, Vibramycin chlamydia, Endesa, and PSA Peugeot Citroen, vibramycin dosage. Vibramycin tablets, Chademo logo

A plug for plug-in power.
(Credit: Toyota Motor)

Electric vehicles are seen as one solution to meeting stricter environmental regulations because they have no tailpipe emissions, vibramycin for cats. But they face hurdles such as costly batteries and a limited driving distance compared with conventional cars, as well as the lack of infrastructure to recharge when away from home. Vibramycin 100, Forming a common "language" for fast-charging electric cars across various brands would save development costs for carmakers and ancillary industries, said the group, called Chademo. (Editors' note: According to Toyota's press release, "'CHAdeMO' is an abbreviation of 'CHArge de MOve', equivalent to 'charge for moving', and is a pun for 'O cha demo ikaga desuka' in Japanese, meaning 'Let's have a tea while charging' in English.")

"We will compete when it comes to vehicle performance, but we should cooperate on areas such as infrastructure," said Nissan Chief Operating Officer Toshiyuki Shiga. Japan's No. 3 automaker will begin selling its first electric car later this year.

Mitsubishi Motors and Fuji Heavy, the maker of Subaru-brand cars, are the world's only mass-volume automakers now producing battery-run electric cars, with sales so far limited to corporate and government fleets in Japan.

"There are 1,000 electric cars and 150 fast-charge stations in Japan already," Tokyo Electric Power Executive Vice President Hiroyuki Ino told a news conference in Tokyo. "Our aim is to form a standard in Japan and make use of that in the world."

He said the group would lobby international bodies such as the Society of Automotive Engineers and the International Transport Forum to promote its technology.

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Electric car firm Better Place raises $350 mln

"Better Place, an infrastructure provider for electric cars founded by former SAP <SAPG.DE> executive Shai Agassi, keflex 500 mg qid, Cephalexin 500 mg for dogs, has raised $350 million in fresh equity as part of a second round of financing.

Better Place's concept is for battery-swapping stations to complement a network of charge spots so that electric cars like partner Renault's <RENA.PA> planned Zoe can extend their range without the need of an additional back-up engine that burns fossil fuel."

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http://www.reuters.com/article/idUSLDE60O0DG20100125?type=marketsNews

Electric car firm Better Place raises $350 mln
Mon, Jan 25 2010

FRANKFURT, keflex 500 mg dosage, Keflex 500mg dosage, Jan 25 (Reuters) - Better Place, an infrastructure provider for electric cars founded by former SAP <SAPG.DE> executive Shai Agassi, pen vk 250 mg, Pen vk 250, has raised $350 million in fresh equity as part of a second round of financing.

Better Place's concept is for battery-swapping stations to complement a network of charge spots so that electric cars like partner Renault's <RENA.PA> planned Zoe can extend their range without the need of an additional back-up engine that burns fossil fuel, penicillin v 250 mg. Keflex pulvules 500mg, [ID:nLD574217]

Nine investors participated, including HSBC <HSBA.L>, keflex capsules 500mg, Keflex 100 mg, Morgan Stanley Investment Management <MS.N> and Lazard Asset Management, the company said in a statement on Monday, amoxicillin 500 mg sinus infection.

"This is one of the largest investments made yet in the 'clean tech' sector, keflex 500mg. Keflex 100 mg, The value of Better Place is now estimated at $1.25 billion," it said, keflex 500 mg dosage. Pen vee k 250 mg, HSBC invested $125 million of its own funds in the company, giving it an equity stake of roughly 10 percent in Better Place, amoxicillin 500 mg sinus infection. Keflex capsules 500mg, "We are absolutely convinced that the paradigm change from cars with internal combustion engines to electric vehicles offers great possibilities for growth both in the auto industry as well as for utilities," said Stuart Gulliver, pen vk 250, Keflex 750 mg dosage, HSBC executive director and head of its Global Banking and Markets business.

The company reaffirmed its original target to begin full commercial operations at the end of 2011, keflex 500mg dosage, Keflex pulvules 500mg, when industry partner Renault plans to offer the first car with a replaceable battery.

"Due to our technology our concept and the stable partnership with Renault, keflex 500 mg qid, Penicillin v 250 mg, we have a lead over all other alternative energy mobility concepts of at least two years," Shai Agassi said in the statement. (Reporting by Christiaan Hetzner; Editing by Greg Mahlich).

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Keflex 250mg

Keflex 250mg, Toyota Tsusho Corp, a trading house and key Toyota supplier that Toyota owns 22 percent of, just announced that it would be jointly developing a new lithium project in Argentina with the Australian-listed Orocobre Ltd.

For more information read:

Toyota in Argentine Lithium Deal for Hybrid Car Push

By Eriko Amaha for Reuters.

From the Reuters post:

"A sister company to Toyota Motor Corp secured a lithium supply deal in Argentina on Wednesday that could help the world's largest automaker keep its lead in gasoline-electric hybrid cars, pen vk 250 mg.

The deal sent shares in the lithium project's owner and operator, Keflex 500 mg dosage, Australian-listed Orocobre Ltd, soaring almost 50 percent to an all-time high.

Lithium, keflex 100 mg, a highly reactive and versatile metal, Pen vee k 250 mg, is expected to be in increasing demand as carmakers choose costly but more efficient lithium-ion batteries to power hybrid and electric vehicles.

"When it comes to mass production of hybrids, the main hurdle has been a shortage of batteries," said Yoshihiko Tabei, chief analyst at Kazaka Securities, keflex 250mg. "Toyota is taking a step on its own to secure the materials it needs to ensure stable production." ...

Subject to the finalization of the terms, cephalexin 500 mg for dogs, Toyota Tsusho will acquire a 25 percent equity interest in the joint venture while Orocobre will continue to own the remaining 75 percent of the project and will operate the venture."

Toyota in Argentine Lithium Deal for Hybrid Car Push

http://abcnews.go.com/Business/wirestory?id=9608959&page=1

Toyota in Argentine Lithium Deal for Hybrid Car Push
By Eriko Amaha
Reuters

SYDNEY/TOKYO

A sister company to Toyota Motor Corp secured a lithium supply deal in Argentina on Wednesday that could help the world's largest automaker keep its lead in gasoline-electric hybrid cars. Pen vee k 250 mg, The deal sent shares in the lithium project's owner and operator, Australian-listed Orocobre Ltd, soaring almost 50 percent to an all-time high, keflex 500 mg qid.

Lithium, Penicillin v 250 mg, a highly reactive and versatile metal, is expected to be in increasing demand as carmakers choose costly but more efficient lithium-ion batteries to power hybrid and electric vehicles. Keflex 250mg, "When it comes to mass production of hybrids, the main hurdle has been a shortage of batteries," said Yoshihiko Tabei, chief analyst at Kazaka Securities. "Toyota is taking a step on its own to secure the materials it needs to ensure stable production."

Toyota Tsusho Corp, amoxicillin 500 mg sinus infection, a trading house and key Toyota supplier 22 percent-owned by the automaker, Keflex capsules 500mg, said it would jointly develop a new lithium project in Argentina with Orocobre.

Orocobre shares jumped to a record peak of A$2.04 in its heaviest ever trading volume. The stock has risen almost 10-fold in the past 12 months, pen vk 250 mg, and closed up 32 percent at A$1.85. Keflex 500 mg dosage, Toyota Tsusho rose 6 percent, while Toyota Motor's stock ended down 0.9 percent, roughly in line with other auto shares, keflex 100 mg.

STEP CHANGE IN DEMAND

The Salar de Olaroz project in Argentina is estimated to cost around $80-$100 million, with the final figure to be determined after a feasibility study, Orocobre spokesman Paul Ryan said, adding the study should be complete by end-September, keflex 250mg.

"As environmentally friendly electric car demand continues to grow, Keflex 500mg dosage, Toyota Motor will have the opportunity to become a cornerstone offtake customer," Orocobre said in a statement.

Toyota uses nickel-metal-hydride batteries for the current Prius hybrid but has decided on lithium-ion batteries for future plug-in models, keflex pulvules 500mg.

Concerns about carbon emissions and their impact on climate change plus high and volatile oil prices are increasing the popularity of hybrid and electric vehicles despite their higher costs. Keflex 750 mg dosage, Toyota aims to double its global output of gas-electric hybrid cars to 1 million units in 2011, as it fights to stay in the lead in the growing market for low-emission cars, the Nikkei business reported this month, pen vk 250. Keflex 250mg, Orocobre went public in December 2007 and now has a current market capitalization of nearly A$150 million.

Managing Director Richard Seville said the lithium market had been growing at a compound annual growth rate of about 7 percent between 1997 and 2007, Amoxicillin 500 mg sinus infection, before the global financial crisis, thanks largely to demand from consumer electronics makers.

"That growth will continue, keflex 100 mg, but on top of that we have the step change in demand with a new application which is in large format batteries for use in electrical vehicles, Keflex pulvules 500mg, " Seville told Reuters.

Houston-based James Calaway, non-executive chairman, penicillin v 250 mg, and his family members hold an 11 percent stake in Orocombre, Keflex capsules 500mg, while other board members own a further 15-20 percent, Seville said.

JAPAN SEEKS RARE METALS

Subject to the finalization of the terms, keflex 750 mg dosage, Toyota Tsusho will acquire a 25 percent equity interest in the joint venture while Orocobre will continue to own the remaining 75 percent of the project and will operate the venture. Pen vk 250 mg, The Japanese government-affiliated Japan Oil, Gas and Metals National Corp (JOGMEC) is looking to take a part of Toyota Tsuho's 25 percent stake, as part of Japan's efforts to secure stable sources of rare metals, cephalexin 500 mg for dogs, government officials said.

"Rare metals are essential not just for the high-tech sector but for Japan's manufacturing industry overall," said Hiroshi Kuwayama, a deputy director at Japan's Agency for Natural Resources and Energy.

"With other countries, such as China, investing in mines around the world, we want to be more aggressive to support the private sector in securing stable supplies."

Boliva has around 50 percent of the world's lithium reserves, but does not yet mine the metal, while Chile, China and Brazil also hold big reserves.

(Additional reporting by Mayumi Negishi in TOKYO and Leonora Walet in HONG KONG; Editing by Mark Bendeich and Lincoln Feast)

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The Renault-Nissan Alliance, which will start marketing electric cars in the U.S, augmentin 825. Augmentin 750 mg, and Japan next year, has signed more than 30 agreements with cities, augmentin for ear infections, Augmentin 875-125 mg, counties, states and governments to promote zero-emission electric cars and establish the charging infrastructure for the batteries, augmentin for tooth infection. Augmentin 600 mg, Renault-Nissan plans to offer an electric car for sale in China in 2011, Nissan said in a statement.

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http://www.detnews.com/article/20091123/AUTO01/911230418/1148/Renault-Nissan-inks-electric-car-deal-for-China-city

Renault-Nissan inks electric car deal for China city

Last Updated: November 23. 2009 8:54PM
Renault-Nissan inks electric car deal for China city
The Detroit News

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