2010-07-23

ITOCHU and THINK Expand Partnership in Asia with Accelerated Growth Plan and Equity Investment

THINK and ITOCHU Corporation announce an expanded partnership for marketing and distribution of the THINK City electric vehicle (EV) and EV drive system in Asia. The two companies have been in a cooperative relationship since 2009, through a number of mar.. more
2010-05-12

BYD will Develop EV with Daimler for Chinese Market

BYD Company Limited (1211.HK) signed a Memorandum of Understanding (MoU) with Daimler AG (stock ticker symbol: DAI) to enter into a comprehensive technology partnership for the development of electric vehicles for China. Under the agreement, BYD and D.. more
2010-04-02

Overcoming the Cost Factor May Fuel the Growth of Electric Vehicles

In recent years, there has been ongoing development of electric vehicle (EV) technology; yet, there is an air of uncertainty in the market regarding the outlook of this industry. According to EnergyTrend, the price of a EV is still too high, which may deter its acc.. more
2010-04-02

EnergyTrend: the sky’s the limit for electric cars – in 10 years, these vehicles will become mainstream

BYD China successfully won the favor of investment guru Warren Buffett as he acquired 10 percent equity interest in BYD. This move reflects the growing momentum of electric vehicles.China and the United States have also placed much emphasis on the development of t.. more