Maxwell Technologies, Inc. and Tianjin Lishen Battery Joint-Stock Co., Ltd., (Lishen), China’s leading producer of rechargeable lithium-ion batteries, have formed an alliance through which they plan to manufacture and market novel hybrid energy storage system (HESS) products combining the companies’ respective ultracapacitor and li-ion battery technologies.The companies have identified a number of initial target applications for the new products that leverage the complementary power-dense and energy-dense strengths respectively of double layer capacitor and li-ion battery technologies, ranging from quick-charge cordless tools to electric vehicles, and anticipate production and delivery of initial product samples in early 2008.
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More Than 100 Miles Per Gallon Targeted.

Raser Technologies, Inc. (NYSE Arca: RZ) announced today that it has signed an agreement appointing FEV Engine Technology, Inc., one of the world’s leading developers of advanced powertrain and vehicle technologies, as the integrator for an advanced plug-in-hybrid electric demonstration vehicle, incorporating Symetron™ electric motor and power electronic drive powertrain technology. The vehicle is targeted to achieve more than 100 mpg for the typical American driver while dramatically reducing harmful fuel emissions. Read Article

SAN JOSE MERCURY NEWS. As the price of crude oil marches toward the once unthinkable level of $100 a barrel, California drivers find themselves paying more than they ever have for a fill-up during the month of November - typically the cheapest time of the year.

The South Bay average hit $3.39 a gallon Wednesday, more than a buck higher than last November and almost double the $1.70 a gallon motorists paid this month four years ago. The cost of a fill-up has jumped 49 cents a gallon in the past nine weeks. Where will it stop? Read Article