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Follow the Money

Discussion in 'Battery Discussion' started by vfx, May 17, 2008.

  1. vfx

    vfx Well-Known Member

    Joined:
    Aug 18, 2006
    Messages:
    14,792
    Location:
    CA CA
    Germany invests €420m in lithium-ion battery development


    13th May 2008


    Invest Germany is promoting opportunities to join the German auto industry
    in developing lithium-ion and related automotive technologies backed by
    €1.1bn of public funds over 10 years. The agency reports that German OEMs -
    Daimler, BMW, Porsche, Audi, Volkswagen, and Opel are scheduled to release
    nine initial hybrid model series between them by 2010.


    Daimler holds 25 patents in lithium-ion battery technologies and is
    planning to integrate such batteries into its hybrid S-class Mercedes
    models by 2009. Continental is serving as Daimler's system integrator and
    battery supplier.


    Other industry leaders such as BASF, Bosch, Evonik, and Volkswagen have
    joined forces under the "Lithium Ion Battery LIB 2015" innovation alliance.
    They are investing €360 million in research and development of lithium-ion
    batteries. The German Federal Ministry of Education and Research (BMBF) is
    contributing €60 million toward this effort, as part of the federal
    government's technology development strategy. Over a ten-year period, the
    federal government will provide €1.1 billion to applied research on
    automotive electronics, lithium-ion batteries, lightweight construction,
    and other automotive applications.


    The German Association of the Automotive Industry (VDA) has recently
    launched a joint initiative among all the participating branches of
    industry, research institutes, and the BMBF to develop industry standards
    and a common base for future research in alternative energy storage
    systems.


    Opportunities for foreign investors to establish their own facilities in
    Germany, partner with German OEMs or suppliers, and apply for research
    funding, are being promoted by Invest in Germany, the inward investment
    promotion agency of the Federal Republic.


    Business opportunities in Germany will be presented at the Advanced
    Automotive Battery and Ultracapacitator Conference this week in Tampa,
    Florida.


    According to a consultancy quoted by the Invest Germany agency, Advanced
    Auto Batteries, global growth in automotive batteries has increased more
    than ten-fold over the last six years and the global market will likely
    approach US$1.4 billion by 2010 and $2 billion by 2013. Growth in hybrids
    is especially strong in Germany, where registrations increased 44% in 2007.
    http://www.autoindustry.co.uk/news/13-05-08_2Germany invests €420m in lithium-ion battery development


    13th May 2008


    Invest Germany is promoting opportunities to join the German auto industry
    in developing lithium-ion and related automotive technologies backed by
    €1.1bn of public funds over 10 years. The agency reports that German OEMs -
    Daimler, BMW, Porsche, Audi, Volkswagen, and Opel are scheduled to release
    nine initial hybrid model series between them by 2010.


    Daimler holds 25 patents in lithium-ion battery technologies and is
    planning to integrate such batteries into its hybrid S-class Mercedes
    models by 2009. Continental is serving as Daimler's system integrator and
    battery supplier.


    Other industry leaders such as BASF, Bosch, Evonik, and Volkswagen have
    joined forces under the "Lithium Ion Battery LIB 2015" innovation alliance.
    They are investing €360 million in research and development of lithium-ion
    batteries. The German Federal Ministry of Education and Research (BMBF) is
    contributing €60 million toward this effort, as part of the federal
    government's technology development strategy. Over a ten-year period, the
    federal government will provide €1.1 billion to applied research on
    automotive electronics, lithium-ion batteries, lightweight construction,
    and other automotive applications.


    The German Association of the Automotive Industry (VDA) has recently
    launched a joint initiative among all the participating branches of
    industry, research institutes, and the BMBF to develop industry standards
    and a common base for future research in alternative energy storage
    systems.


    Opportunities for foreign investors to establish their own facilities in
    Germany, partner with German OEMs or suppliers, and apply for research
    funding, are being promoted by Invest in Germany, the inward investment
    promotion agency of the Federal Republic.


    Business opportunities in Germany will be presented at the Advanced
    Automotive Battery and Ultracapacitator Conference this week in Tampa,
    Florida.


    According to a consultancy quoted by the Invest Germany agency, Advanced
    Auto Batteries, global growth in automotive batteries has increased more
    than ten-fold over the last six years and the global market will likely
    approach US$1.4 billion by 2010 and $2 billion by 2013. Growth in hybrids
    is especially strong in Germany, where registrations increased 44% in 2007.
    http://www.autoindustry.co.uk/news/13-05-08_2
     
  2. vfx

    vfx Well-Known Member

    Joined:
    Aug 18, 2006
    Messages:
    14,792
    Location:
    CA CA
  3. vfx

    vfx Well-Known Member

    Joined:
    Aug 18, 2006
    Messages:
    14,792
    Location:
    CA CA

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