As makers from Tesla to Nissan Motor Co (7201.T) jockey to dominate the next generation electric-powered cars, a fight on which companies will control the lucrative market to fuel them is just getting started.
U.S. President Barack Obama aims to put a million electric vehicles on the road by 2015 as part of the new U.S. effort to cut greenhouse gas emissions linked to global warming.
As makers from Tesla to Nissan Motor Co jockey to dominate the next generation electric-powered cars, a fight on which companies will control the lucrative market to fuel them is just getting started.
U.S. President Barack Obama aims to put a million electric vehicles on the road by 2015 as part of the new U.S. effort to cut greenhouse gas emissions linked to global warming.
The United States, Europe, China and South Korea lead global "green" spending plans after committing about $500 billion to boost low-carbon technologies and protect the environment, under wider plans to boost the global economy.
Green spend accounts for about 15 percent of total economic stimulus cash of $3 trillion, according to HSBC in a report published on May 22. More detail follows.
LG Chem Ltd will have the capacity to build battery cells that could support up to 250,000 electric vehicles in the United States when its first U.S. plant becomes fully operational in 2013, the chief of the U.S. unit said on Thursday.
South Korea, Asia's fourth largest economy, has pledged to set one of three targets for carbon emissions by 2020, voluntarily joining Kyoto signatories in moving toward a firm commitment to roll back climate change.
Nissan Motor Co Chief Executive Officer Carlos Ghosn said electric cars will make up at least 10 per cent of global vehicle demand by 2020, depending on conditions.
It's a hot summer weekend and the parking lots around Lagos marina are filling quickly with the BMWs, Range Rovers and Porsche SUVs of the Portuguese yachting set.
The scene is repeated across the sun-splashed Algarve coast, but a new government plan could make the gas-guzzling race to the south coast a thing of the past.
Nissan Motor Co is developing a hybrid system that can be used to power smaller cars as an interim solution to improving mileage before pure electric cars can take over, a top executive said on Monday.
Riding the vogue for eco-conscious products, companies ranging from battery to tire to motorcycle makers in Japan are looking to cultivate a market that beats even hybrid cars in green credentials: electric bicycles.
