President Obama has said that USA expects to capture 40% global marketshare of the EV/Battery Industry by 2015.This claim is predicated on the Massive Subsidies that DOE has recently given to Battery Companies.This will help in increasing the USA marketshare from 2% last year to 40% by 2015.However this claim by Obama looks to be […]
Lithium has been claimed to be the “new oil” with a new dedicated ETF recently launched to take advantage of the investor interest in this area.Lithium which was virtually unused in any application until the 1990’s come into prominence after Sony introduced the first Lithium based batteries.Since then the usage of Lithium has grown by […]
Rare Earth Minerals have been in the news because of their necessity in production of Clean Technology products and a virtual Chinese monopoly which controls almost 95% of the world’s production.China has been cracking down on illegal exports as it tries to control this vital ingredient for products as wide ranging as Electric Vehicles to […]
Honda is betting more on the success of Hybrid Vehicles than on Electric Vehicles.It seems that the Japanese auto giant thinks that Hybrid Vehicles will get more traction in the market and is set to manufacture and sell upto 5 hybrid vehicles in the USA by 2013 .While it is also developing an Electric Vehicle,it […]
Toshiba,the leading Japanese Electronics Producer is diversifying into the Green Industry like its counterparts in the rest of the world.Samsung,NEC,Panasonic,LG,GE and Siemens have all been strongly investing in the Green Industry due to its strong growth prospects.Each Conglomerate is jockeying for an advantageous position in the various sub-sectors of this still nascent Industry .Toshiba which […]
China is planning to increase control of rare earth minerals mined in its territory after cracking down on illegal exports of these minerals.These minerals form an essential part of new Green Equipment used in Wind Energy,Batteries,Electric Vehicles,LEDs and Solar Energy.China has more than 95% of the world’s deposits of these rare earth minerals.It plans to […]