Manufacturing

A boost for light-duty trucks

Smith Electric Vehicles and Proton Power Systems have signed a memorandum of understanding to develop long-range electric service trucks. The partnership will allow Smith Electric to install Proton Power’s fuel cell ... Read More

Smith Electric Vehicles can supply electric vehicles to federal agencies, military

Smith Electric Vehicles U.S. Corp. said Wednesday that its Smith Newton vehicle has been approved for purchase by federal agencies and the military, the only all-electric medium/heavy duty truck with the ... Read More

GM to invest $246 million in electric motors

General Motors announced plans on January 26 to design and manufacture electric motors, saying the first were scheduled to debut in 2013 in a next generation, rear wheel drive hybrid vehicle. ... Read More

GM, VW best positioned in emerging markets, study says

General Motors Co. and Volkswagen AG are best positioned in the largest and fastest-growing emerging markets at a time when auto sales in those countries could grow more than 40 percent ... Read More

Germany proposes 15% cut in solar subsides

The German government is proposing a cut of 15% on the subsidies it gives solar-power providers, Environment Minister Norbert Roettgen said Wednesday, reflecting what the government deems the sector’s success, but ... Read More

Kraft Foods, Cadbury agree to $19.5 billion deal

After months of fierce resistance, Cadbury’s about-face to accept a sweetened 11.5 billion pound ($19.5 billion) takeover from Kraft Foods Inc. – forming the world’s biggest candy company – has alarmed ... Read More