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Intelligent Energy and Suzuki Motor Corporation establish joint venture company to develop and manufacture fuel cell systems

Green Car Congress

Intelligent Energy and the Suzuki Motor Corporation have created a joint venture company called SMILE FC System Corporation to develop and manufacture air-cooled fuel cell systems for a range of industry sectors. Under the terms of the contract, both companies will take a 50% stake in the joint venture.

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Nissan FY 2014 global corporate activities reduce CO2 emissions by 22.6% compared to FY 2005

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made progress in reducing CO 2 emissions and improving sustainability in its global corporate activities in fiscal year 2014 while simultaneously increasing vehicle production and plant energy efficiency. The company achieved a 22.6% Nissan Motor Co.,

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Hertz ordering 100,000 Teslas by end of 2022

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Hertz was the first US car rental company to introduce EVs to its rental fleet in 2011 and the first to implement a wireless charging system for electric vehicles. Hertz said these ambitions could be affected by factors outside of Hertz’s control, such as semiconductor chip shortages or other constraints.

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Biogasoline company Terrabon files for Chapter 7 liquidation

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Terrabon, a company commercializing a waste-to-biogasoline technology developed at Texas A&M, ( earlier post ), has filed for bankruptcy protection under Chapter 7 of the Federal bankruptcy laws. In January 2011, Terrabon, Inc. Earlier post.).

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Four new corporate partners join DOE National Clean Fleets Partnership

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Four new corporate partners—Best Buy, Johnson Controls, Pacific Gas and Electric, and Veolia—are joining the US Department of Energy’s (DOE) National Clean Fleets Partnership, a broad public-private partnership that assists the nation’s largest fleet operators in reducing the amount of gasoline and diesel they use nationwide.

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BMW i Ventures makes strategic investment in electric bus company Proterra; part of $55M round

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Generation Investment Management LLP, a long-term, sustainability focused investment firm led the round, which was joined by BMW i Ventures, the corporate venture capital team founded by BMW Group in 2011. The company recently launched of the industry’s first autonomous bus development program with the University of Nevada, Reno.

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Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

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United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., Totals for 2011 are $86 billion (versus prior 2010 record of $75 billion) in 369 deals (versus prior 2010 record of 313 deals). Values of US upstream M&A oil and gas M&A deals, 2006-2011.

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