This article via: Hyundai Fuel Cell Vehicle
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Hyundai plans to begin production in 2012 fuel cell vehicles
South Korea’s Hyundai has confirmed an earlier Reuters reported the company is planning as early as 2012, fuel cell vehicles will be put into mass production news.
At this stage, the project is still in testing stage, the modern corporation admitted that the scheme may be postponed until a timetable for implementation in 2015, but will not be later than this point in time.
At the recent Frankfurt auto show, Hyundai released the code for the i-Blue fuel cell vehicle, which is a 2 +2 style CUV, which combines the SUV with the two-door coupé design style, but this is out of the exhibition cars are not really the future, the mainstream market-oriented cars, to make a modern museum which suggests that the company’s future design trends.
LDK shocking financial problems suffer fear of solar-powered battery factory
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In the United States listed the mainland leading silicon wafer plant LDK Solar (LDKSolar) 4 Ri outgoing director broke the news of accounting separation, alleging that LDK finance is not true differences in the amount of stock inventory of up to 250 tons, due in 2007 and LDK signed a Taiwan factory bucketful of solar material source of supply contracts, many Taiwan factories and have prepaid part of the contract amount, if the LDK actual supply capacity is far weaker than expected, coupled with LDK polysilicon expansion also deferred the case, and LDK signed not only the fear of the future of Taiwan plant there supply bounce, and even have a cold pre-paid funds at risk.
According to Reuters, StreetInsider.com, etc. PiperJaffray securities quoted a research report published, LDK separation accounting in charge broke the news, LDK poor financial management, stock inventory, differences in the amount of up to 250 tons. Despite the PiperJaffray with LDK’s chief financial officer for the matter discussed, but still no reasonable evidence to overthrow the LDK management of the stock has reached 1,000 tons claimed by the statement, but the information has been submitted to the U.S. Securities and Exchange Commission (SEC) and the Company’s external audit consultants KPMG to understand.
Solar energy industry, pointed out that 2007 was declared operational in the upper reaches of LDK polysilicon material sources, and solar battery plant contract actions frequently, including the Department of OTC Taiwan Masumichi factory, Mao silicon, which, LDK for silicon wafers Masumichi major supplier, while the LDK Mao in 2008 expansion of the silicon material sources required for a significant proportion of more, as Emerging industry include a new daylight, Sun. In addition, Yu Jing major shareholders of 100 million
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This basket of contracts, estimates there are a considerable proportion of poly-silicon material source, estimated by the Department from the LDK will be in the output of 6,000 tons in 2008, and 2009 output of 15 thousand tons will be self-material sources, however, before investment institutions FriedmanBillingsRamsey a research report published under the securities held by Solar Energy Conference (SolarPowerConference) to obtain the information, LDK plant and equipment delivery time has been delayed, so it can be completed on schedule for the LDK expansion goal of keeping wait and see.
It is noteworthy that, due to this stage, polycrystalline silicon, silicon material sources are a seller’s market, and has signed a contract prepayments who would have difficulty feeding because of the seller as expected, but request a refund or compensation, so that these have been signed and material source contract manufacturers, there may be pre-paid funds frozen at risk. With LDK plant, equipment, completion time delay, it will affect the actual taking the above-mentioned Taiwan plant material situation, not only pulled Queliao, and even the industry real output for these problems.
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Yi Tong responded by saying that the contract price agreed to adopt each year, 10 months before going to the 2008 price negotiations with the LDK, while the amount of partly have been specified in the contract contained in the mainland now is 11 long vacation break, still no relevant information could be further understanding; Mao silicon, pointed out that financial problems do not think LDK will be the future for the material is as expected, was still learning about them, the worst case is “obtain other material sources.”
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