Search Results Found For: "Lion Electric"

Ener1 files for Chapter 11

Advanced battery maker Ener1 (OTC: HEVV) announced yesterday that it has “voluntarily” entered Chapter 11 bankruptcy, and reached agreement with its creditors on a restructuring plan. The firm’s EnerDel unit, which builds lithium-ion batteries for EVs, is not part of the reorganization, and according to the company, “is not expected to be adversely impacted by… Read more »

Hyundai to handle hybrids and hydrogen, Kia to cover cars with cords

Hyundai Motor Group has announced a record-high budget for 2012 that includes 5.1 trillion Korean won (about $4.4 billion) for R&D, of which the lion’s share will be for hybrids and EVs, according to Singapore news portal AsiaOne. Company spokespeople made it clear that eco-friendly cars will be its main focus in 2012. The giant… Read more »

Russians and Chinese team up to build world’s largest battery factory

Liotech, a joint venture between Russian state-owned firm Nanotechnologies (RUSNANO) and Chinese holding company Thunder Sky Limited, held an opening ceremony this week for what they claim is the world’s largest lithium-ion battery factory. The sprawling 40,000-square-meter plant near Novosibirsk was built in nine months – probably less time than it would take just to secure the building… Read more »