Daily Roundup: October 21, 2009

Best Friends Forever? India and China agreed to be allies during negotiations at the December climate summit in Copenhagen. Associated Press Here's the Catch: According to a recent study, electric cars will not be much greener than petroleum-powered cars if the United States continues to generate power by burning coal. Reuters Separate Lives: A San Francisco ordinance took effect today that requires residents to separate their compost and recyclables. Examiner and New York Ti

All-electric 2010 Coda Sedan to receive BorgWarner eGearDrive transmission

The Coda electric sedan, which will be introduced to the US in mid-2010, will have its eGearDrive transmission supplied by BorgWarner Inc. Meanwhile, UQM Technologies Inc. will be supplying its PowerPhase 100 electric propulsion system.Detroit-based BorgWarner initially plans to supply the transmissions from its factory in Longview, Texas, to an assembly plant in China, according to Erika Nielsen, a BorgWarner spokeswoman. She said that eventually BorgWarner may supply the transmissions from its

Hybrid Car Market

The Largest Chinese Car Company Plans to Dominate Global Hybrid Car Market. The Chinese car company, BYD, backed by investment guru Warren Buffet, has big dreams to dominate hybrid car market. BYD expect their company to be China’s number one automaker in about five years and become the world’s leading automaker in 2025. BYD Company plan to selling green cars about 9 million hybrid or plug-in cars in 2025, according the company executives. This total number of cars and trucks

Ford to build fourth plant in China to produce next-generation Focus

After unveiling the Ford Figo in India, FoMoCo CEO Alan Mulally headed to China to announce that the company is building a fourth plant in the country that will produce the next-generation Ford Focus for the consumers there. The $490 million investment in Chongqing is the third joint venture between Ford and Changan Ford Mazda Automobile (CFMA) and is scheduled for completion in 2012. The new plant will have an initial capacity of 150,000 units per year, increasing annual capacity at CFMA

Companies Other Than Automakers That Cash In On Electrics

With all those automakers rolling out new electric cars at the Frankfurt Auto Show, it's guaranteed that the demand for lithium will soar. Here's a few companies that will profit from the surge, via Jim Jubak at MSN: Miners: Chile's Salar de Atacama desert supplies 65% of lithium. The rest are from Argentina, Nevada and China, and new supplies will come from China and possibly the salt lakes of Bolivia. New sources are good, because global demand is expected to grow by 80% to almost 9

Next Page »