"In addition, ethanol, which is manufactured from grain such as corn, produces questionable, if any, fuel economy benefits. Moreover, the government subsidies and mandates that pave the way for its entry into the market appear to benefit corn growers and ethanol manufacturers more than consumers and the environment.
"As with other government intrusions into the free market, the EPA's ethanol love affair distorts supply and demand. If the fuel were beneficial enough on its own, the market would respond. But even in the Midwest, where E15 is more available, sales have not taken off, according to industry observer Dennis Simanaitis, a former Road and Track editor. Gasoline with a 10 percent mixture of ethanol already constitutes 90 percent of the U.S. market, following government approval decades ago. But in June, the EPA approved the sale of the higher percentage mixture, despite cautions from automakers who cited potential damage to vehicles.
"Private sector resistance has not dissuaded the EPA, which also doesn't appear to be acting on behalf of motorists, as is the AAA, a federation of 51 independently operated motor clubs. Ethanol was advanced ostensibly as a more environmentally friendly option to 100 percent gasoline. Even that claim by the government has been challenged.
"In 2006, John A. Baden, chairman of the Foundation for Research on Economics and the Environment, argued that ethanol consumes more resources than it saves. That year, Consumer Reports tests using a Chevrolet Tahoe found that an 85-15 blend of gasoline and ethanol decreased, rather than increased, mileage from 21 mpg highway to 15, and from 9 mpg to 7 in city driving. A later University of Minnesota study found that corn ethanol may be as harmful as gasoline, and an even worse health threat.
"BMW, Chrysler, Nissan Motor Co., Toyota Motor Corp. and Volkswagen say their warranties will not cover fuel-related claims caused by the use of E15. Ford Motor Co., Honda Motor Co., Hyundai Motor Co., Kia Motors Corp., Mazda Motor Corp., Mercedes-Benz and Volvo said E15 may void their warranties. Perhaps most troubling is that AAA says 95 percent of U.S. consumers have not even heard of E15, and only 5 percent of cars on the road can use it without risk of damage. The possibility of E15 use in older cars, more likely to be harmed, is an unnecessary risk, not in the public's interest.
"We agree with the AAA's call for pulling E15 off the market until its consequences are better understood. In the meantime, the EPA also should reassess the entire ethanol fuel issue, which likely would not be viable without government mandates for increasing use of so-called renewable fuels and manufacturing subsidies." (Source: Orange County Register, Jan. 9, 2013)
Tags E15 news, Biofuel news, Biofuel Blend news,
Overall annual progress in reducing CO2 emissions from cars over the past four years was 4 per cent. On the basis of those recent improvements and current positions, the report estimates that Europe's automakers will only need to improve fuel efficiency by an annual rate of 3.8 percent to meet the 95 g/km CO2 target for 2020. (Source: Green Car UK, 6 Dec, 2012)
Tags Transportation Emissions news,
The field tests, which are being conducted in collaboration with companies including Swedish oil firm Preem and Chemrec, another Swedish company which is responsible for fuel production.
Chemrec's process takes part of the black liquor, gasifies it -- using a gasifier developed at the Energy Technology Centre in Pitea, Sweden -- and turns it into usable fuel which the company said could be obtained at four Swedish filling stations during the on-going field tests.
According to Chermac managing director Max Jonnson, the project has proven the technology, and the company is now focusing on industrializing the product together with the pulp industry both in Sweden and abroad
(Source: Volvo, Waste Management World, 4 Sept., 2012)
Contact: Volvo, www.volvo.com
Tags Biofuel news, Black Liquor news,
The company's first order from Volvo for its C30 EV was secured in September 2009.EnerDel will begin executing the current order this month. Final delivery is slated for 2013. (Source: EnerDel, CBTR, 28 Aug., 2012) Contact: EnerDel, Charles Gassenheimer, CEO, (317) 585-3456, [email protected], www.enerdel.com
Tags EnerDel news, Volvo EV news, Li-Ion Battery news,
ECS PowerPay! participants are paid for agreeing to voluntarily reduce electric consumption for a short period of time during critical periods of demand. Participants are typically asked to decrease their electricity usage only when the electric grid is strained and in need of help to avoid brownouts or blackouts.
(Source: Energy Curtailment Specialists, Aug. 15, 2012) Contact: Energy Curtailment Specialists, (877) 711-5453, www.ecsgrid.com
Tags Energy Curtailment Specialist news, Demand Response news,
Currently, General Motors accounts for 50 percent of LG's battery sales, followed by Renault with 20 percent, Hyundai-Kia with 20 percent and others including Volvo of Sweden, 10 percent, according to LG Chem officials. A spokesman declined to give more details about the ongoing negotiations. (Source: LG Chem, 2 Aug., 2012) Contact: Terry Lee, Public Relations, LG Chem, +82 (2) 3773-6951, [email protected], www.lgchem.com; Renault, www.renault.com
Tags LG Chem news, Lithium-ion Battery news, Renault news,
For the 2013 model year, the Swedish automaker will debut a five-cylinder 2.0-liter, 136-horsepower turbodiesel engine – called the D3 – for its S60, V60, XC60, V70 and S80 models. All but the automatic-transmission XC60 crossover will have start-stop functionality. Additionally, Volvo will also introduce a 115-horsepower diesel engine – the D2 – that will have the same emissions with both an automatic and manual transmissions, which Volvo says is a first.
Volvo is looking to use a combination of diesel technology and electric-drive powertrains to meet progressively more stringent European greenhouse-gas emissions. The company said in 2010 that, for the eight years ending in 2014, it will have sunk more than $2 billion in research and development specifically towards boosting fuel economy and reducing emissions. (Source: Volvo. 14 April, 2012)
Additionally, and announced on March 23, 2012, commuters and bus passengers across England will see more eco-friendly buses on the roads, congestion reduced and services upgraded, thanks to a new GBP 101 million package of improvements approved by Local Transport Minister Norman Baker. Five bus manufacturers will benefit from orders for their eco-friendly hybrid, electric and gas buses. They comprise: Volvo, Wrightbus, Optare, MAN and Alexander Dennis Limited, all of which are based in, or partly in, the UK.
Based on the award-winning Solo low-floor bus, of which over 4,000 are in service worldwide, the Solo EV produces zero tailpipe emissions. The model is based on a standard 27-seat 8.8 meter Solo, but the technology can be used on other models in the Optare range with higher passenger capacities.
Optare recently announced a refinancing agreement with Ashok Leyland which increased its holding in Optare to 75.1% allowing Optare to become fully integrated in Ashok's ambitious global bus strategy which seeks to maintain and improve on its top fifth place amongst the world's bus makers. Ashok Leyland is the flagship of the Hinduja Group and a leading Indian commercial vehicle manufacturing company based in Chennai, selling approximately 94,000 vehicles and about 17,000 engines annually and is the second largest commercial vehicle company in India in the medium and heavy commercial vehicle segment, with a market share of about 25.7% in 2010/2011. Ashok is a market leader in the Indian bus market selling over 23,000 buses annually. The sales turnover of Ashok in 2010-11 was US $ 2.5 billion. Ashok has seven plants in India, one in the Czech Republic and one in the Middle East with a current global capacity of over 150,000 buses and trucks. (Source: Enova, April, 9, 2012) Contact: Enova Systems, Jarrett Fenton, CFO & Investor Relations, (310) 527-2800, [email protected], www.enovasystems.com; Optare, Jim Sumner, CEO, +44(0) 845 838 9901, www.optare.com
Tags Enova Systems news, Optare news, Electric Bus news,
Volvo CEO Olaf Persson said the partnership demonstrates the company is serious about continuously raising carbon emission reduction targets and the vision for carbon-neutral future transportation. "The Volvo Group became the world's first auto manufacturer to join WWF Climate Savers in November with a commitment to reduce the lifetime carbon emissions of its trucks sold between 2009 and 2014 by 13 million tons compared with 2008 models," said Jim Gradoville, WWF China country representative. Thanks to improved fuel efficiency, the goal has now been increased to 30 million tons and will include the company's buses and construction equipment. Thirty million tons is the same amount of carbon dioxide emitted by Sweden in its entirety in seven months. Started in 2000 by WWF, the Climate Savers program provides a platform to enable companies to join forces in committing to more ambitious reductions in their greenhouse gas emissions while growing their businesses responsibly.
The Climate Savers' commitments are based on absolute emission reduction targets and ambitious timetables. Progress towards these targets is monitored and verified by independent third-party experts, he said.
The Chinese government has set a nationwide target to reduce its carbon intensity -- the carbon emissions for each unit of economic growth -- by 17 percent between 2011 and 2015. Subsequently, Chinese enterprises, especially the country's top 1,000 energy consumers, are also subject to carbon intensity reduction targets.
That means the absolute amount of carbon emissions can still grow as carbon intensity drops because China is still experiencing a high economic growth rate. (Source: ChinaDaily, March 26, 2012)
Geely is a global automaker with more than 30 different models in its portfolio. In 2011, it produced more than 430,000 vehicles, and there are currently more than 2.2 million Geely vehicles on the road worldwide.
(Source: A123, March 17, 2012)
Contact: A123 Systems, Jason Forcier, VP, Automotive Solutions Group, (617) 778-5700, www.a123systems.com; Geely, www.geely.com/english/1-1.html
Tags A123 Systems news, Geely news,
Short for Electric Vehicle Intelligent Infra Structure, ELVIIS is a research consortium including Volvo Car Corporation and Ericsson that aims to overcome the practical shortcomings of EVs that may stand in the way of mass market uptake, looking beyond the car itself to the spheres of mobile and smart grid technology. As part of the ELVIIS project, a Volvo C30 Electric has been fitted out with a 7-inch color touchscreen from which the company's "smooth charging" concept can be controlled. Having plugged in, the driver uses the touchscreen (or separate phone or tablet) to choose between various presets for charge duration or total energy drawn. It's at the stage the mobile technology kicks in to optimize the process, invisibly from the driver's point of view.
First, the charge point is identified using GPS technology. The car will then communicate with the electricity grid based on user settings to establish the best energy price. The grid coordinates between connected cars (as well as other energy uses) to optimize the work it has to do. This should mean that drivers needing a brief but urgent charge will be prioritized over those parking up for a some time - similar to broader strategies being employed in smart grids that seek to even out the peaks and troughs in energy consumption over the course of the day. This increases grid efficiency, and increases the usefulness and viability of renewable energy sources that aren't guaranteed to contribute at all times.
The system will be fitted to a total of five Volvo C30 Electric cars and tested over the course of a year. Energy company Goteborg Energi and IT researchers the Viktoria Institute are the remaining partners in the ELVIIS project.
(Source: GizMaG, February 27, 2012)
Stagecoach carries around 2.5 million passengers on its 8.000 buses every day in a network stretching across the UK. Its major bus operations are in Manchester, London, Liverpool, Newcastle, Hull, Oxford, Sheffield and Cambridge. Stagecoach already uses 30 hybrid buses in Manchester, with a further 20 ordered for the city, which will go into operation next month.(Source: Stagecoach, February 20, 2012)
Contact: Stagecoach Group, Sir Brian Souter, CEO, +4401738 442111, www.stagecoachgroup.com
Tags Stagecoach news, Alexander Dennis news, Hybrid Bus news,
WWF's Climate Savers program involves multinational companies in the battle to reduce CO2 emissions. These companies pledge to reduce their CO2 emissions pursuant to an agreement between the WWF and the company. The results will be reviewed by independent technical experts. The agreed target must be more ambitious than the company would have set on its own, and must also signify that the company is leading its sector in the reduction of GHG emissions.
In autumn 2010, the Volvo Group became the world's first automotive manufacturer to join Climate Savers, in an agreement whereby the Group's truck brands committed to reduce the total amount of CO2 emitted during the lifetime of trucks manufactured and sold from 2009 to 2014, by 13 million tons, compared to trucks manufactured in 2008. This will be accomplished by launching the latest technology in fuel efficiency.
In the next step, starting January 1, 2012, Volvo Construction Equipment and Volvo Buses will be included in the agreement. Thanks to improved fuel efficiency, the total amount of CO2 emitted by trucks, construction equipment and buses manufactured within the Volvo Group through 2014, will be reduced by more than 30 million tons, compared to vehicles manufactured in 2008. 30 million tons is the equivalent of the total carbon dioxide emitted by Sweden in a seven month period.
The agreement between Volvo and WWF applies for AB Volvo and the Volvo Group's brands Volvo Construction Equipment, Volvo Buses, Volvo Trucks, Mack Trucks, ( http://www.macktrucks.com/ )Renault Trucks ( http://www.renault-trucks.com/ ), UD Trucks ( http://www.udtrucks.com/ ) and SDLG. SDLG manufactures construction equipment in China, and will be the first Chinese company ever to join Climate Savers. (Source: WWF) Contact: Amanda Carufel, WWF, (202) 294-6408, [email protected], www.worldwildlife.org.
Tags WWF Climate Savers news, Volvo news,
The 25 Volvo 7700 hybrid buses are powered by a small diesel engine and an electric motor. Fuel consumption is radically reduced by the use of regenerative braking to recover the energy generated when the vehicle's brakes are applied. The diesel engine is shut off at bus stops, enabling the bus to operate silently and emission-free on electricity. However, emissions from diesel operation are also low since the bus is fueled by biodiesel. (Source: Volvo, February 6, 2012) Contact: Volvo, www.volvo.com
Tags Volvo news, Hybrid Bus news,
The Volvo V60 station wagon will feature the same 2.4 LiterD5 five pot inline turbo diesel engine that is found across Volvo's car range, but with an electric motor to supplant it. The diesel engine produces 215 Bhp and 440 Nm while the electric motor adds 70 Bhp and 200 Nm. Together, the diesel and electric motor produce 295 Bhp of peak power and a torque number of 640 Nm. The Volvo V60 features an all wheel drive mode and a regeneration system to charge the 11.2 KWh Lithium ion batteries.
The Volvo V60 plug-in hybrid will have a limited production run of 1,000 units for 2012 and production will be expanded to 4,000 units in 2013. (Source: Volvo, December, 13, 2011)
Tags Volvo news,
The SRS technology, developed and patented by LG Chem in 2005, is said to make the semi-permeable membrane mechanically and thermally superior compared to other separators by coating it with ceramic material. It ultimately increases the safety of the lithium ion battery built for electric cars, according to its company officials. Global car manufacturers such as General Motors, Volvo, Renault-Samsung and Hyundai-Kia have therefore chosen LG Chem as their battery supplier, LG Chem said.
Claiming that SK is in the process of producing secondary batteries using the SRS technology, LG Chem has ordered the firm to dispose the related items and provide 100 billion won ($87,154) in damages, according to the suit.(Source: LG Chem, December, 12, 2011) Contact: LG Chem, Terry Lee, Public Relations, +82 (2) 3773-6951, [email protected], www.lgchem.com; SK Innovation, + 82 2 2121 5114, www.skenergy.com
Tags LG Chem news, SK Innovation news,
Volvo plans a limited production run of 250 C30 EVs that will be leased to fleet customers such as government authorities and companies in Europe, the US and China. The electric C30 is powered by a 24 kWh lithium battery pack that offers a range of up to 150 kilometers on a single charge. It accelerates from zero to 100 km in 10.5 seconds and is able to reach maximum speed of 130 km/h.
Volvo's Chief Executive Stefan Jacoby said EVs will account for less than 5 percent of global auto sales in 2020, but he noted the company still has to invest ahead to ensure a leading position in future competition.
Freeman Shen, senior vice-president of Volvo Cars and chairman of Volvo's China operations, said the company does not exclude the possibility of Chinese produced EVs.
After it was sold to Geely last year, Volvo announced plans to build two plants in China, one in Chengdu in the southwest and another in northeastern city Daqing, but is still awaiting government approval. The Chengdu plant is now scheduled to start production in 2013.
Volvo's sales in China in the first 10 months surged more than 50 percent over the same period last year. Global sales increased over 22 percent. (Source: China Daily, November, 14, 2011)Contact: Zhejiang Geely Holding Group, www.geely.com/english/1-1.html; Maria Bohlin, Press Officer, Volvo Car Corporation, +46 (31) 596-525, [email protected], www.volvocars.com
Tags Volvo news, Zhejiang Geely Holding news,
All told, carbon dioxide emissions from new cars sold in the EU dropped by 3.7 percent in 2010, and today the average figure for new cars sold in Europe is 140 grams per kilometre. (Source: The Auto Channel, October, 19, 2011)
Contact; Volvo, www.volvo.vom
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This diesel engine is a turbocharged 2.4-liter five-cylinder unit rated at 215 horsepower while the car's electric motor is rated 70 horsepower and is powered by a 12 kWh lithium-ion battery pack. The electric only driving range is roughly 31 miles after which the turbodiesel engine kicks in and the vehicle acts like a regular hybrid.
The turbodiesel engine drives the front axle and the electric motor drives the rear, making the Volvo V60 an all-wheel drive vehicle. (Source: Volvo, October, 17, 2011)
Contact; Volvo, www.volvo.com
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Volvo will test drive three hybrid buses in Gothenburg, Sweden's second-largest city beginning in the fall of 2012.
The plug-in hybrid buses will reduce diesel consumption and cut carbon dioxide emissions over 75 percent, the company says. The technology is backed by the European Union. A market release date has not been set. (Source: Volvo, September, 2011) Contact: Volvo, www.volvo.com
More Energy Overviews Volvo news, Electric Bus news,
The Volvo C30 EV will serve as a test platform and early models will be on test tracks by the end of the year, it added.
By late 2012, Volvo is to deliver a test series of 200 vehicles to Siemens for testing under 'real-life conditions'. Financial details were not provided. (Source: Volvo, August, 31, 2011)
Contact:Stefan Jacoby, President and CEO, Volvo Cars ,+ 46 31 59 65 25, www.volvo.com
More Energy Overviews Siemens news, Volvo news,
The company revealed that each of the three test vehicles will feature three-cylinder petrol engines that run on conventional petrol or ethanol installed alongside an electric drivetrain that provides power to the front wheels. The vehicles will also use regenerative braking hybrid technology that will allow the driver to provide additional charging to the battery when braking. Two of the designs are based on Volvo's C30 Electric car, the first boasting a 40-litre fuel tank and 60-horsepower combustion engine connected to a 40kW generator that in turn drives a 111-horsepower electric motor.
According to Volvo, the car will boast a 110km range using the car's battery pack that can be increased by up to 1,000km using the internal combustion engine. The second design uses an alternative approach whereby a turbocharged 190-horsepower engine drives the rear wheels, alongside a 111-horsepower electric motor. The company said that the car will be able to travel 75km using the battery pack before switching to the combustion engine.
The final concept vehicle is based on the Volvo V60 and features an 111-horsepower electric motor and 190-horsepower combustion engine, both installed under the bonnet at the front of the car.
The vehicle will be able to travel 50km using electricity before switching to the combustion engine, giving the car a range of over 1,000km.(Source: Volvo, July, 12, 2011)
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Imperial College has been working on the idea as part of a €3.4 mln, 3 year EU-funded project which includes researchers from a number of European partners, including automotive firm Volvo. The prototype material is a composite of carbon fibers and a polymer resin which can store and discharge large amounts of energy much faster than conventional batteries. Unlike these there is little degradation in the material over time because there is no chemical process involved, and this also aids more rapid recharging. It is lightweight and strong enough to make car body parts, and could be plugged into the household power supply for recharging. Researchers say the next stage is to further develop the composite in order to store more energy.
This may be achieved by growing carbon nanotubes on the surface of the carbon fibers which will increase the surface area, thus improving its storage capacity. They also hope to find alternative options for recharge such as recycling energy created during braking while the car is on the move. Their first test in-situ will be to exchange the metal floor in the car boot, or wheel well, for the composite, and Volvo is investigating the possibility of rolling this out in prototype cars for testing purposes. The addition of the composite combined with a reduced need for heavy batteries could see the vehicle's overall weight drop by up to 15%, consequently increasing the range of future hybrids. The most effective method for manufacturing the composite material at an industrial level is also being investigated. (Source: Imperial College London, June, 2011)
Contact: Dr Emile Greenhalgh, from the Department of Aeronautics at Imperial College London, +44 (0)20 7594 5070, [email protected]
Volvo's project, partially-funded by the Swedish Energy Agency, will bring together Torotrak's variable drive technology and Flybrid Systems (UK) flywheel technology, working with SKF of Sweden and Volvo Powertrain. In addition to the mechanical hybrid projects that Torotrak is already working on as announced on 25 May 2011, this will provide another opportunity to demonstrate the contribution that mechanical hybrids can make to reduce emissions and improve fuel economy, considerably more cost effectively than electrical hybrid solutions.
Torotrak's compact CVT, part of its portfolio of traction drive technologies, has emerged as an effective transmission solution in flywheel-based mechanical hybrid systems. Compared to conventional electric hybrid systems, mechanical flywheel hybrids reduce the number of inefficient conversions during the recovery and re-use of braking energy. Instead of converting kinetic energy into electricity to be stored in an expensive battery pack, energy is stored in a high-speed flywheel with power transfer controlled by a compact CVT.
Mechanical hybrids can also be used to boost the low-end torque of downsized engines and can provide immediate torque for vehicles with stop-start strategies. (Source: Torotrak, May, 26, 2011)
Contact: Dick Elsy , CEO, Torotrak, +44 (0)1772 900900, www.torotrak.com
More Energy Overviews SKF news, Torotrak news, Volvo news, Flywheel news,
Volvo launched its first demonstration heavy-duty hybrid vehicle in March, 2006. In 2008, the company displayed its coaches and trucks which adopted the company's fourth generation hybrid power solutions that could save fuel by 30%. (Source: Volvo, April, 28, 2011)
Contact: Shanghai Automobile Industry Corporation (SAIC), +021-22011688
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Volvo's hybrid technology has been developed to maximize recycling of energy generated from braking. No extra charging from external sources is required. Depending on the driving cycle, the Volvo FE Hybrid can cut fuel and carbon dioxide emissions by between 15 and 20 per cent. The trucks will initially be produced in a limited series of about 100 vehicles, starting in June. These trucks will be delivered during the period 2011 to 2013. (Source: Volvo, March 29, 2011)
Contact: Volvo, www.volvotrucks.com
Tom Robinson, SARTRE Project Coordinator, of Ricardo UK LTD, commented: "This is a major milestone for this important European research programme.
Platooning offers the prospect of improved road safety, better road space utilization, improved driver comfort on long journeys and reduced fuel consumption and hence CO2 emissions."
(Source: Energy Savings Trust, January 20,2011)
Contact: Tom Robinson, SARTRE Project Coordinator, +44 1223 223200, www.sartre-project.eu
Ener1, which has a 40% stake in the deal, was spun off from U.S. auto supplier Delphi about three years ago, has been a relatively small player in the battery sector. But the company, with factories in Indiana and South Korea, received a $118.5 million boost last year from a federal grant. Ener1 has small-scale production of batteries for electric cars under development by start-up Think and Sweden's Volvo Cars, owned by China's Zhejiang Geely Holding Group.
(Source: Ener1, Wall Street Journal, January 17,2011)
Contact: Charles Gassenheimer,
CEO, Ener1 Inc., (317) 585-3456, [email protected], www.ener1.com
More Energy Overviews Wanxiang news, Ener1 news, Lithium-ion Battery news,
This is the first time that a crash-tested electric car has been displayed in public, and the results reflect a successful two-year development program between Volvo and Ener1 in both Europe and the U.S. A test fleet of Volvo C30 EVs will hit the road in the U.S. in 2011, following recent announcements of fleets in Europe and Asia.
To ensure the battery is safely located outside of the crumple zones, Ener1 developed a "split battery" specifically for Volvo with half the battery located in the central tunnel between the seats and the other half under the rear seats. The battery features Ener1's battery management system which is integrated with the electronics and vehicle control systems. In the event of a collision, the crash sensor in the car cuts power in 50 milliseconds by the same signal that deploys the airbag.
The battery management system also optimizes capacity, prolongs cell life, monitors and reports the state of health and charge, controls safe and efficient pack re-charging, and the cooling system for safe operating temperatures. It has multiple levels of redundancy built into its control protocols for extra safe operation.
(Source: Ener1, Volvo, January 11,20110
Contact: Charles Gassenheimer,
CEO, Ener1 Inc., (317) 585-3456, [email protected], www.ener1.com
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Along with funds from an earlier DOE, ARRA grant, Ener1 will use the proceeds from the sale for production capacity expansion in the U.S. and working capital to support existing projects with customers in the grid energy storage and transportation sectors.
In addition to its growing relationships with auto makers THINK and Volvo, Ener1 has made substantial progress with U.S. and international customers in the heavy-duty transportation market, a key company focus for 2011 and beyond.
(Source: Ener1, January 3,2011)
Contact: Charles Gassenheimer,
Chairman and CEO, Ener1, Inc. , (317) 585-3456, [email protected], www.ener1.com
More Energy Overviews Ener1 news, Energy Storage news, Lithium-ion news,
The Climate Savers Program is mobilizing multinational companies to cut their CO2 emissions and the participating companies will reduce their emissions in accordance with an agreement between the WWF, the company, and independent technical experts. The agreed goal must be more ambitious than what the company has planned before, and also means that the company will lead its own industry in reduction of greenhouse gases.
The agreement between The Volvo Group and WWF will apply for the Volvo Group's truck companies Mack Trucks, Volvo Trucks, Renault Trucks, and UD Trucks. It states that:
LG will invest 1 trillion won ($886.5 million) in its Ochang (Korea) facility by 2013, and $300 million in its Holland, Michigan plant, as part of its planed ten-fold overall production capacity to 80 million cells annually; 60 million in Korea and 20 million in Michigan.
"The reason we were able to sign deals with companies like GM, Ford, Volvo, and Renault, is we copy nobody's technology, but lead the market with our own," said Kim Myung-hwan, senior vice president of LG Chem's Battery Research & Development. "Other companies and ventures may come up with wonderful products in their labs, but when it comes to mass production, it will be a whole different story as things will require a much higher output and [level of] safety," he added.
Kim also said that with over 10 years of experience in EV batteries, LG holds the world's leading technologies, the best materials, the safest products and sees no competitors on the horizon. LG currently holds eight deals with leading automakers around the world.
The company's EV battery business is currently aiming for 1 trillion won in sales by 2013 and 3 trillion won by 2015.
(Source; LG Chem) Contact: LG Chem)
Contact: Martin Klein, Engineering Director, (248) 307-1800, www.compactpower.com
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"Our role is to contribute expertise on how this technology can be integrated in the future and to input ideas about the advantages and disadvantages in terms of cost and user-friendliness," says Per-Ivar Sellergren, Development Engineer at the Volvo Cars Materials Centre. Additional partners include Swerea SICOMP, INASCO Hella, Chalmers, Advanced Composites Group, Nanocyl, Bundesanstalt fur Materialforschung und-prufung, ETC Battery and Fuel Cells Sweden. (Source: Reinforced Plastics, September 28, 2010)
Contact: Emile GreenHalgh, Department of Aeronautics, Imperial College, +44 (0)20 7594 5070, [email protected], www3.imperial.ac.uk.
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EnerDel is preparing to supply lithium-ion batteries for electric vehicles produced by Volvo in Europe and Think in Indiana, as reported in our June 18, 2010 edition, and is looking to strike deals with other global automakers. (Source: Indianapolis Star, September 6, 2010)
Contact: Charles Gassenheimer, CEO, Ener1 Inc., (317) 585-3456, [email protected], www.enerdel.com.
More Energy Overviews EnerDel news, lithium-ion Battery news, Itochu Corp. news,
While specific terms of the agreement were not disclosed, the current natural gas engine development program is expected to result in an engine that will meet future emission requirements and be commercialized according to a mutually agreed timeline. Westport will also be working directly with the Volvo AB brands to help identify market development opportunities and assist in the infrastructure build-out of biogas and natural gas where needed. (Source: Westport Innovations, July 13, 2010)
Contact: Darren Seed, Director, Investor Relations, Westport Innovations, (604) 718-2046, [email protected], www.westport.com.
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