Week-end odds and ends
July 23, 2010 § Leave a comment
The Itochu Corporation has taken a $5million stake in EV-maker Think, further expanding an existing small investment. The new partnership is to market the complete Think City (pictured, in Racer form) in Asia, as well as to sell the Think electric-drive powertrain and the G4 EV Drive Controller unit.
- Hyundai is to launch an electric version of the i10 city car at the end of the year; electric versions of further Hyundai and Kia models will follow late 2011. Batteries for these will be supplied by South Korea’s SK Energy (Green Car Advisor).
- Renault has signed a MOU with Istanbul’s city authorities to supply electric vehicles. It will work with Istanbul Enerji to establish a network of charging points with a view to launching vehicles for private and fleet use at the end of 2011, and collaborate on promoting EV use in Turkey.
- Hitachi is planning to build factories for lithium-ion battery production outside Japan. It’s expecting sales of electric and plug-in hybrid vehicles to increase five-fold by 2020.