TiGiS & BuildInG Taiwan: Greener World coming with Two Green Shows
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TAIPEI, Taiwan, Oct 26, 2011 (BUSINESS WIRE) --
October is a time of transition when all things open to change, and
nowhere is that more evident than at Taiwan's two leading green-theme
shows which map the way forward. From across business, government and
academia come an army of expertise to Taipei. They are joining two
events that unite massive interest and enterprise to build a cleaner,
green world.
These two events TiGiS (the third 2011 Taiwan Int'l Green Industry Show)
and BuildInG Taiwan (Taiwan Smart Green City Expo) are jointly organized
by TAITRA and Expo Union Corporation to showcase green business
prospects, and display the best green achievements of Taiwan.
At TWTC Exhibition Hall 1 from Oct. 26th to 29th presents exclusive
trade shows with a rare spotlight on green industry and green-friendly
approaches to urban planning and development.
Source: MarketWatch (press release)
Tesla and Panasonic enter into new supply agreement
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The agreement supplies Tesla with Panasonic’s lithium-ion battery cells to enable it to continue the companies innovative design and production of electric vehicles. Panasonic guarantees enough cells will be available in 2012 to meet Tesla's impressive future production plans of more than 80,000 vehicles over the next four years. The Model S already has 6,000 reservations, and this agreement will help meet those orders. This also ensures that Tesla will be able to meet the cost and margin targets for the Model S electric sedan.
The two companies have already had a multi-year collaboration, and this agreement only continues and strengthens that bond. In 2009, Panasonic and Tesla initially entered into a supply agreement for supplying automotive lithium-ion batteries. In 2010, Panasonic invested $30 million in Tesla to foster the growth of the electric vehicle industry. This relationship will continue growing the electric vehicle market.
“It is a powerful endorsement of our technology that Panasonic, the world’s leading battery cell manufacturer, has chosen to partner with Tesla to advance electric vehicle performance and value,” said Tesla Co-Founder and CEO Elon Musk. “Incorporating Panasonic’s next-generation cells into Model S batteries will ensure unrivaled range and performance. We are very grateful for our great partnership with Panasonic.”
Source: Torque News