More signs the international automotive industry is investing heavily in the future of alternative vehicles.
On Tuesday, Mitsubishi Motors (OTC: MMTOF) and the Renault-Nissan Alliance announced plans to share “products, technologies and manufacturing capacity among the automakers.” And according to a press statement, that means going beyond the current NMKV joint venture company Nissan (OTC: NSANF) and Mitsubishi already have – to extend and co-develop a new small car, “including a specific electric version,” to be sold internationally.The companies also said they would share electric vehicle technologies and assets for future platforms.
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This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
At the same time, Toyota Motors (NYSE: TM) is unveiling five concept cars this week at the Tokyo Motor Show – including its hydrogen-powered fuel cell vehicle (fcv). The company plans to launch its four-seat, FCV Concept around 2015. According to the Toyota web site, the vehicle has a driving range of at least 500 kilometers (310 miles) and a refueling time of around three minutes – the same as for a conventional car.There's no word yet regarding the FCV Concept's cost , however – or how the company will deal with the dramic lack of hydrogen filling stations. Acording to the Department of Energy's Alternative Fuels Data Center, are only ten hydrogen filling stations in the U.S., with all but one of them located in California. In comparison, there are nearly 7,000 electric vehicle charging stations nationwide.