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Toray to enter large tow carbon fiber business via $584M acquisition of Zoltec; wind and automotive markets

Green Car Congress

Zoltek is a large two carbon fiber manufacturer; large tow carbon fiber is carbon fiber with 40,000 or more filaments applied for applications such as wind turbine blades and reinforced plastics compounds, and is produced on modified acrylic staple fiber production lines for textiles. Toray Industries, Inc. is acquiring Zoltek Companies, Inc.

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BMW investing €400M in new vehicle assembly at Munich plant as part of shift to electromobility; engine production being concentrated at Steyr and Hams Hall

Green Car Congress

It will ramp up for the first time at our future plant in Debrecen, Hungary, before being rolled out across our global production network in stages. The plants will take advantage of the best options at each location—from solar energy in Oxford, Mexico and China, to biogas in South Africa, to wind power in Leipzig.

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Mercedes-Benz Cars plants in Germany to be supplied with CO2-neutral energy from 2022

Green Car Congress

In the future, 100% of additional purchased electricity will come from verifiable renewable sources, such as wind- and hydropower. In Kecskemét (Hungary), a second plant under construction will be CO 2 -neutral. This corresponds to about three quarters of the required electricity in the German plants.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Wang entered the automobile business in 2003 by buying a Chinese state-owned car company that was all but defunct. Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania. He knew very little about making cars but proved to be a quick study. " When he got back to the U.S.,

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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

Then Mr. Wang, as he’s known, got into the automobile business by buying a failing state-owned carmaker. Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. Within a few years, BYD’s batteries were cheaper and just as reliable as those made by industry giants ony and Sanyo.

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