S. Korean Electronics Giant LG to Invest $7 Billion in

Interesting....
SustainableBusiness.com News

South Korea's electronics giant LG announced it will invest $6.83 billion in green business sectors by 2015.

The conglomerate says the investments - in electric vehicle batteries, LED lighting, solar PV and water treatment technologies - will generate $8.4 billion in revenue, while creating 10,000 green jobs around the world. It will also boost business for about 660 small and midsized enterprises in its supply chain.

About a third of the investment will be in lithium batteries for electric vehicles (by 2013). It's also planning to get into the solar polysilicon business by 2014.

Its LG Chem division says its goal is to be the world's top lithium battery manufacturer, taking a 25% share by 2015. It currently supplies Li batteries for GM's Chevy Volt and Opel Ampera. And it's working with GM on electric vehicle development.

LG Innotek, which makes LEDs, is looking for a 10% global market share. Its vertical manufacturing process makes all the components including chips, modules and packaging. Its flagship company, LG Electronics, will expand solar manufacturing from its current level of 300 megawatts (MW) to 1,000 megawatts by 2014. There too, they expect to be the global leader by 2015. They entered the US solar market in 2010.

In water treatment, LG recently acquired specialist Daewoo ENTEC, allowing it to offer a "total water treatment solution." Through the LG-Hitachi joint venture, the two compaies will collaborate on developing new technologies and services for the huge water treatment market, valued at over $430 billion a year.

"With the market expected to grow at an annual rate of five per cent due to increased pollution and the effects of climate change, we see the water treatment business as a crucial component of LG's future success," says Young-ha, Lee, CEO of LG Electronics Home Appliance Company.

Last year, LG announced it would invest $17.8 billion in green product development to lower greenhouse gas emissions 40% from 2009 levels by 2020.Its competitor, Samsung, is also invest heavily in green with $5 billion in investments by 2013.

South Korea has set an emissions reduction target of 30% by 2020. At the beginning of the worldwide recession, the country was widely praised for allocating about 80% of its stimulus spending toward green-oriented projects.

Source;
http://www.sustainablebusiness.com/index.cfm/go/news.display/id/22947

Gas prices increase car buyers' hybrid sales

Here we go again....
As gas prices hit an average $3.51 a gallon nationwide on Monday, automakers and dealers are starting to see an uptick in sales of their most-fuel-efficient vehicles, including hybrids and electrics.

Toyota's Prius, which has a commanding lead in market share among hybrids, saw a 69.9% sales increase in February compared with February last year, Autodata reported. Among others, Honda's Civic hybrid had a 53.8% sales increase, and sales of Ford's Fusion hybrid were up 11.7%.

Dealers say they believe customers are starting to take notice of gas prices in making their buying decisions, though numbers still are small.

"It's just starting," says Adam Lee, chairman of 20-dealership Lee Auto Malls in Maine. "We are not seeing a dramatic increase in sales (of hybrids and small cars), but we will."

The number of potential car buyers researching hybrids at the Edmunds.com with the gas price run-up.

"We've had kind of a slow, steady increase in prices" that has helped automakers prepare, says Jessica Caldwell, Edmunds.com senior analyst.

Four out of five consumers in a Kelley Blue Book survey say that gas prices are influencing vehicle choices, up 11 percentage points from January.

Automakers say they are far more ready with fuel-efficient traditional cars, in addition to alternative-power vehicles, to handle soaring gas prices than they were in 2008, when average prices peaked at $4.11 a gallon.

"We are fairly well positioned for it," says Al Castignetti, vice president for Nissan in the U.S. With small cars, plus a bevy of new, smaller crossovers, "I have such a broad array of product offerings."

Ford Motor points to now having four models that get more than 40 miles per gallon.
Demand for four-cylinder engines has risen dramatically, says General Motors spokesman Tom Henderson, and GM is selling every one of the Volt extended-range electric cars that it can produce.

For now, most automakers aren't making big changes at factories to shift to more small or hybrid cars or making big ad buys to tout them. Says Honda spokesman Kurt Antonius, "People already perceive Honda's cars and trucks as fuel efficient, so we don't need to develop a special ad campaign during these challenging times at the pump."

Most car buyers won't make dramatic changes until gas prices pass $4 a gallon nationally, predicts Mike Jackson, CEO of AutoNation, the country's largest new car dealership chain.

By Chris Woodyard, USA Today

Source;
http://www.usatoday.com/money/autos/environment/2011-03-08-ecocars08_ST_N.htm#

Volt and Leaf Fail to Topple Honda Civic GX From Green Book List

The American Council for an Energy-Efficient Economy, a Washington-based nonprofit group financed by foundations, electric utilities and state and federal agencies, released its annual list of the 12 greenest vehicles of the model year on Tuesday. With five models having displaced 2010 honorees, this year’s list differs markedly from last year’s group.

With the Nissan Leaf electric car and Chevrolet Volt plug-in hybrid now being delivered in the United States, one would think they would duke it out on the group’s list for top honors, too. Not so.

The Leaf earned second place in this, the council’s 14th Green Book annual ranking. As for the Volt? It managed a 12th-place finish, while topping the list for the eighth consecutive year was the Honda Civic GX — a limited-production model that burns compressed natural gas and that was expected to be available for retail sales nationwide in 2012.

In between are conventional hybrids and vehicles with old-fashioned gasoline-combusting engines. In fact, six of the vehicles on the list use only internal-combustion engines.

How can this be? The council uses a novel, holistic method of calculating the slippery notion of greenness, one that owes little to fuel-efficiency or tailpipe-emissions considerations made by the Environmental Protection Agency.

“We consider not just what emissions are coming out of the tailpipe while the vehicle is running,” said Therese Langer, the group’s transportation director, in a telephone interview. “The E.P.A. would consider the Leaf a zero-emissions vehicle because electric vehicles have zero tailpipe emissions,” she said.

The so-called upstream emissions of an electric vehicle, however, can be substantial, she said, depending on where and how its electricity is generated. Electricity produced hydroelectrically, for example, will generally produce far lower carbon emissions than energy produced by burning coal.

But the council methodology also includes emissions associated with the generation of the electricity used to power a battery; the production of raw materials like steel and aluminum — and in an E.V.’s case, a lithium-ion battery unit; and its eventual disposal.

This was the first year in which the group incorporated emissions data associated with battery manufacture and disposal, for which it used the GREET model created by Argonne National Laboratory, an Energy Department lab. This explains why hybrids, which rely on power generated by electric motors and stored in batteries, claimed just three of the top 12 spots this year, compared with five in 2010.

The 12 greenest vehicles for 2011, from top to bottom, are:
• Honda Civic GX
• Nissan Leaf
• Smart Fortwo cabriolet and coupe
• Toyota Prius
• Honda Civic Hybrid
• Honda Insight
• Ford Fiesta SFE
• Chevrolet Cruze Eco
• Hyundai Elantra
• Mini Cooper
• Toyota Yaris
• Chevrolet Volt

For more information and the listings of the “Greenest” and “Meanest,” as well as best-in-class lists from the council, visit its Greenercars.org Web site.

Source;
http://wheels.blogs.nytimes.com/2011/02/16/volt-and-leaf-fail-to-topple-honda-civic-gx-from-green-book-list/

Honda Civic GX Natural-Gas Vehicle: First Drive Review

Good read, apparently the GX model for 2012 will be available for Canada, potentially on a order by order basis....
So here's the bottom line on driving a natural-gas vehicle: If you didn't have to refill it, you'd never know it was fueled on anything other than gasoline.

Except for two things, that is: First, you lose up to half of a gasoline car's range, with our natural-gas fueled Honda Civic GX only providing about 180 miles before it needs more fuel (against up to 400 miles for the gasoline Civic).

Second, you also lose about two-thirds of the trunk space offered in a standard Civic sedan, because the high-pressure natural-gas tank is located at the rear of the trunk.

Driving: indistinguishable
Other than that, natural gas may be the easiest alternative fuel to use--if there's a public fueling station nearby.

The performance is indistinguishable from the gasoline equivalent, and from behind the wheel, you'd never know it wasn't the real stuff.

If anything, we thought our GX might be a bit quieter than other Civics we've tested, but we couldn't do a side-by-side comparison to check out our impression.

Only one test car nationwide
Honda is presently the only manufacturer that sells natural-gas vehicles to the public, and at the moment, it only does so in four regional markets--Oklahoma being the latest.

We'd wanted to test a Civic GX for a while, but it took a trip to Los Angeles to make it happen, because there's only a single one in the company's nationwide media fleet.

We actually drove a 2009 model, but the 2010 and 2011 models are essentially unchanged. The Civic will be entirely redesigned for the 2012 model year, when Honda says it will make the GX natural-gas model available in all 50 states.

Pricey for a base Civic
On the window sticker, the suggested retail price for the Civic GX is listed as $18,255. Then in very tiny letters, there's a single line that says, "Incremental Cost (CNG)" and adds another $6,935, for a total price of $25,860.

Source;
http://www.greencarreports.com/review/1051854_honda-civic-gx-natural-gas-vehicle-first-drive-review

Japan to sell fuel cell cars in 2015

-100 refuelling stations by 2015
-Four areas in Japan to benefit
-Progress is being made in Europe, too

Sales of hydrogen fuel cell cars will kick off Japan in 2015, car manufacturers and hydrogen suppliers jointly announced recently.

Although numbers of vehicles have not been discussed, the partnership of Honda, Nissan and Toyota said 2015 would mark the start of 'mass production' of fuel cells.

Hydrogen suppliers have committed to establishing a network of 100 refuelling stations in Japan to serve the cars.

Japan's Ministry of Economy, Trade and Industry said it would support the expansion of the hydrogen network.

Work is also underway on developing fuel cells and hydrogen refuelling in Europe. There are already a chain of refuelling points along the HyNor 'hydrogen highway' in Norway, between Oslo and Stavanger.

Mercedes is already trialing fuel-cell versions of the B-Class, while Kia and General Motors have both said they will sell 10,000 fuel cell vehicles each by 2015.

Source;
http://www.whatcar.com/car-news/japan-to-sell-fuel-cell-cars-in-2015/254919