ELECTRIC CARS

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Ghosn, Immelt see future for electric cars

A world where electric cars running on clean power is getting closer, corporate leaders said on Thursday, the day after an electric car battery maker raised much more than expected in an initial public offering.

GM India partnering India's Reva for electric car

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General Motors Co's [GM.UL] Indian unit is partnering local firm Reva Electric Car Co to develop electric vehicles for the Indian market, and hopes to start selling a battery-operated small car within a year.

Fiat unit in battery deal for electric vehicles

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Italian vehicle group Fiat SpA's (FIA.MI) Magneti Marelli unit has signed an agreement with Italy's FAAM SpA for development, production and sale of lithium batteries, Fiat said on Monday.
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Fiat searching for right road to Asia

Italy's Fiat SpA (FIA.MI) needs to find a better route into the booming Asian car markets if it wants to catch its competitors and seal a place near the front of the grid of global automakers.
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Electric cars could dominate U.S. roads in 2030

Electric car sales could jump to 86 percent of U.S. light vehicle sales in 2030 if consumers don't have to buy batteries themselves, according to a University of California, Berkeley study to be released on Monday.
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Nissan to mass market U.S. made electric cars

Japanese automaker Nissan Motor Co. confirmed that it will build electric vehicles in the United States on a mass scale, beginning in 2011 or 2012 just ahead of an announcement from the U.S. Department of Energy granted a $1.6 billion loan to the automaker to produce electric cars and battery packs at its manufacturing complex in Smyrna, Tennessee.
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Ford, Nissan to receive U.S. technology loans

Ford Motor Co and Japan's Nissan Motor Co Ltd will receive nearly $8 billion combined in U.S. government loans to spur development of fuel efficient vehicles, the U.S. Energy Department said on Tuesday.
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Ford and Nissan to tap factory retool loans: report

The U.S. government plans to disclose that Ford Motor Co , Tesla Motors Inc and Nissan Motor Co will be among the beneficiaries of a $25 billion loan program created by Congress to help auto makers retool factories for advanced-technology vehicles, the Wall Street Journal said.
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Better Place unveils tech to switch EVs batteries

A new battery switch technology for electric vehicles was demonstrated for the first time in Yokohoma, Japan Tuesday by the company Better Place. The technology consists in a station.
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Mini Cooper all electric vehicle hiting U.S. roads

Over the following weeks 450 selected drivers will be driving the first highway legal Mini E car - the all electric zero emissions version of Mini Cooper - as part of a leasing program.
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Shell CEO mocks electric cars, eyes biofuels

Royal Dutch Shell Chief Executive Officer, Jereoen van der Veer mocked electric vehicles, saying the cars' technology is a thing of the past and requires too much infrastructure.
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GM shouldn't have crushed its EV1: Tesla Motors CEO (VIDEO)

Elon Musk, the Chief Executive of electric automaker Tesla Motors said Tuesday that General Motors should have continued introducing new electric cars after its EV1 models were produced in the 1990s, adding that he hopes that his company’s cars will help spur an electric car revolution.
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Nissan, Seattle Partner to Promote Electric Car Infrastructure

Nissan North America on Tuesday announced a partnership with the City of Seattle on Wednesday to promote the development of electric car infrastructure, as it plans similar promotions in other cities and regions ahead of its own car launch in 2010.
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A century later, Detroit Electric is back with pure electric sedan

Auto brand Detroit Electric Holdings Ltd will partner with the Malaysian auto manufacturer Proton Holdings Berhad to produce pure electric sedan vehicles in the U.S., U.K. Europe and China markets due in 2010, the companies said Monday.
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Spaceage and efficient, Aptera gears up for launch

Thousands of miles (kilometres) west of Detroit, a California start-up hopes to find a market for a three-wheeled, ultra-efficient, downright odd-looking car among consumers sick of spending their hard-earned cash at the gas pump.
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For Toyota, success is a bitter-sweet pill

General Motors Corp CEO Rick Wagoner boasts about the number of markets where the U.S. automaker is number one. Toyota Motor Corp President Katsuaki Watanabe emphasises where his company trails.

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