Word: nissan
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...quite, but certainly the beginnings of one. Demand for lithium-ion batteries is increasing dramatically as electric-car technology improves and prices drop. Nissan has introduced the all-electric Leaf, and this year Chevy will debut the long-anticipated gas-electric Volt. Those and future electric cars need battery packs, and at least a dozen American lithium-battery start-ups are competing with Asian companies such as Sanyo and Hitachi to provide them. "There's a tremendous amount of competition," says David Vieau, chief executive of A123 Systems, a Watertown, Mass., start-up powered by federal money that is vying...
...What we're seeing is the gradual recovery for the industry," says Jim Campbell, domestic marketing chief for GM's Chevrolet division. Along with the sales gains for Toyota, Ford and GM - the new Big Three - Subaru, Nissan, Kia, Hyundai and Audi also saw increases...
...sense of shared values. Few paid much attention last December as Southern Republicans in the Senate blocked a $14 billion federal rescue of GM and Chrysler. That lawmakers representing states with nonunion foreign-auto plants should blame organized labor for not slashing worker benefits to levels offered by Nissan hardly came as a shock...
...more ambitious than the last - in an effort to prove who's the greenest of them all. Spain aims to have 1 million electric or hybrid cars on the road by 2014 (though it hasn't specified how many of each). Britain is trying to persuade Japanese automaker Nissan to make its Sunderland plant the European base for its little electric car the Leaf, and London plans to have 25,000 charging stations hooked up to the grid by 2015. France has put big money into building a countrywide network of charging stations, as well as a plant to produce...
...Meanwhile Nissan's Micra hatchback will debut in India in May. And Renault, which has a tie-up with India's Bajaj Auto, is taking on the 660 cc-engine Nano by developing its own low-priced city car that will be constructed partially of motorcycle parts to save costs. (See the 12 most important cars of all time...