BYD Company Limited and Daimler AG Sign Joint Venture Contract to Develop Electric Vehicle Friday, 04 June 2010 03:28 � BYD and Daimler AG to establish �Shenzhen BYD Daimler New Technology Co. , Ltd. �, a 50:50 research and technology center to develop electric cars in China � Mr. Wang Chuanfu, Chairman and President of BY

A German joint venture will use hydropower as an energy source for its new facility in Moses Lake, Washington that will manufacture carbon fiber parts for BMW Group’s new electric vehicle.

Think a joint venture between Norwegian electric vehicle maker Think Global and U.S. venture firms Rockport Capital Partners and Kleiner Perkins has just named Elkhart, Indiana as the location for its first U.S. manufacturing facility.

GM India and the Reva Electric Car Company (RECC) are in the process of form i ng ajoint venture to tap the nascent Electric Vehicle (EV) market in India and abroad. The joint venture will look at a wide range of activities which include manufacturing and distribution of EVs.

Nissan and Sumitomo established a joint venture to recycle lithium-ion electric car batteries, which could give Nissan an early lead in the fledgling electric car market by making its vehicles more affordable. The venture is based on a '4R' business model - Reuse, Resell, Refabricate and Recycle.

Work commenced at the site of a $175 million electric car factory in Franklin, Kentucky, according to officials for Integrity Automotive, a joint venture to expand electric vehicle manufacturing in the USA for ZAP.