Toyota to Test Plug-In Prius at Xcel’s SmartGridCity
Greentech Media submits: By Jeff St. JohnSmartGridCity, Xcel Energy's (XEL) showcase smart grid project in Boulder, Colo., will test out some of the first plug-in Toyota (TM) Prius hybrids to come to North America.Complete Story » seekingalpha.com |
Ford: Ahead of Earnings, Sentiment Surges
Jett Winter submits: Ford (F) is scheduled to release Q1 earnings this Thursday January 28th, before the market opens. Average analyst estimates for the US Automaker are $.26/share in EPS and $32.6 billion in Revenue. Thirteen analysts track the stock with four upward EPS revisions in the last 30 days and no downward EPS revisions in the last 30 days.Complete Story » seekingalpha.com |
Vehicle Electrification: Sticker Shocks, Delays and Manufacturing Capacity Forecasts
John Petersen submits:Today we have a bit of a hodge-podge as I consider sticker shocks, delays and manufacturing capacity forecasts in the vehicle electrification and energy storage sector. Since the sticker shock and delay discussions involve recent news, I'll touch on them first before getting into the fuzzier aspects of manufacturing capacity forecasts. I'd like to begin with a note of thanks to one of my Seeking Alpha followers, MRTTF, for sending me links to both news stories. For readers who don't delve into the comment streams, MRTTF is a PhD chemist who works in R&D for a leading domestic lithium-ion battery manufacturer. I truly appreciate his willingness to correct me when I make mistakes, provide technical detail that's beyond my competence and remind overly optimistic readers "lithium-ion is best for applications where size and weight are of paramount importance and cost is no object."Complete Story » seekingalpha.com |
Rail Traffic Continues to Chug Along
The Pragmatic Capitalist submits: Another strong week of rail data (via the AAR): The Association of American Railroads today reported that rail traffic remains steady with U.S. railroads originating 284,716 carloads for the week ending June 26, 2010, up 11.4 percent compared with the same week in 2009, but down 13.2 percent from 2008. In order to offer a complete picture of the progress in rail traffic, AAR now reports 2010 weekly rail traffic with comparison weeks in both 2009 and 2008.Intermodal traffic totaled 227,229 trailers and containers, up 20.5 percent from a year ago and down only 1.1 percent compared with 2008. Compared with the same week in 2009, container volume increased 22.1 percent and trailer volume rose 12.3 percent. Compared with the same week in 2008, container volume increased 7.7 percent and trailer volume dropped 32.2 percent.Complete Story » seekingalpha.com |
What Does GM Really Think About the Volt?
John Petersen submits:I love IPO registration statements because they have to provide full and fair disclosure of all material facts and forward-looking statements must "bespeak caution." The following quote from the risk factors section on page 19 of the prospectus included in the Form S-1 Registration Statement that NewGM (MTLQQ.PK) filed yesterday says everything you need to know about the Volt and the other plug-in vehicles that currently reign as media darlings. "In some cases, the technologies that we plan to employ, such as hydrogen fuel cells and advanced battery technology, are not yet commercially practical and depend on significant future technological advances by us and by suppliers. For example, we have announced that we intend to produce by November 2010 the Chevrolet Volt, an electric car, which requires battery technology that has not yet proven to be commercially viable. There can be no assurance that these advances will occur in a timely or feasible way, that the funds that we have budgeted for these purposes will be adequate, or that we will be able to establish our right to these technologies. However, our competitors and others are pursuing similar technologies and other competing technologies, in some cases with more money available, and there can be no assurance that they will not acquire similar or superior technologies sooner than we do or on an exclusive basis or at a significant price advantage."Complete Story » seekingalpha.com |