As companies and governments grapple with ways to cut costs and reduce carbon emissions, their vehicle fleets represent a significant opportunity to achieve both goals, and an increasing number of fleet managers are utilizing hybrid electric vehicles (HEVs) as a solution. According to a new study from Pike Research, global hybrid fleet sales will surpass [...]

Hitachi, Ltd. (TOKYO:6501)(NYSE:HIT) announced today that it has received an order for lithium-ion battery systems from General Motors Corporation (GM). Hitachi’s lithium-ion battery systems will be installed annually in more than 100,000 hybrid-electric vehicles (HEV), which is scheduled to launch in North America market in 2010.
The order reflects GM’s recognition of the solid quality [...]