Citigroup upgraded the diverse global technology company Emerson Electric earlier today to a buy with a $60 price target. EMR closed up three and a quarter percent at 52.13 average volume. There was in fact a great deal of analyst activity concerning Emerson Electric and in different directions.
This very diverse global tech company is on our list of wind turbine stocks to buy. It produces several different products that control and regulate power outputs from wind turbines to commercial power grids.
We’ll also be adding this company to our upcoming solar power stocks to buy page. Their power inverters are to be included on large solar plants in Italy. Much like their equipment used in wind energy installations, their power inverters convert DC current from solar arrays into AC power that can be routed to electric grids.
Molycorp Inc. (NYSE:MCP) is expected to report $0.66 per share with over $161 million in revenues. The conference call is set for Thursday, November 10th at 4:30. Click here for the webcast presentation. Although the dipped to below 38 on friday morning the finished the week up nearly 5% at 40.18 on strong volume. Molycorp is a rare earth oxide producer in the Western hemisphere, who produces metals to be used in wind turbine production. See more about the company in our wind turbine stocks to buy report.
The late friday jump may be attributed to rumors that the US might begin to stockpile rare earth metals in response to a growing concern about China’s mining companies and their ability toprovide a constant supply. Rep. Mike Coffman, R-CO, told the Financial Times that he supports the creation of a strategic reserve, commenting that the US is over-reliant on rare earths imported from China. He even went so far as to call China an “unreliable trading partner.”
It might be worth keeping an eye on Molycorp Inc. and see where this rumor leads. With a P/E ratio of over 160 and an earnings announcement on Thursday this is one under sung wind turbine stock that could skyrocket if both earnings and stockpiling rumors play out positively.
Here’s a quick video of a modified THINK car to run in the city races during the world’s first international circuit race to run all electric vehicles.
The first year of the EVCUP will feature two circuit races, one for the THINK and one featuring the Westfield iRacer. There’s been a lot of buzz recently over one of the latest teams to enter the competition. Team Drayson, owned and managed by former British Minister of Science, Lord Paul Drayson will be competing in the sports car class.
His team was very successful in last year’s Le Mans running a car on bio-ethanol. They even earned a pole position, the first in history for a bio-ethanol car.
See both the Westfield iRacer and the THINK in action on August 6th during the first of several races to be held in several different countries, including the USA!
Here are 2 electric vehicles on display at the 81st International Motor Show in Geneva that ought to shatter your stereotype of electric cars.
When I get away from the computer and meet real people, eventually the conversation turns to what I do with my time. When I tell the average person I write about electric vehicles they usually shake their heads and dismiss the idea. Small, slow, expensive, and impractical are the most common words I hear when talking about electric vehicles. Here are a 2 EVs that ought to shatter those myths.
Front end of the LAMPO2 from Protoscar
Slow is the the last word you’ll hear to describe the LAMPO2 from Protoscar. This fast as hell electric car has two electric motors that act independantly on the front and rear axle. The twin electric powerhouses delivers 300 kW (about 408 hp) and 64o Nm (about 470 ft lbs) of torque. It has a 200 km/hr (about 125 mph) maximum speed.
More than just speed and style, the LAMPO2 also features 4 different charging modes a standard single-phase with an on board charger for typical overnight home-charge, a “control-pilot” equipped single-phase on board charger typical for public charging, a standard three-phase on board charger typical for charging at industrial plugs (fleet-owners) and an interface for DC fast charging, where up to 100 km of additional range can be charged within just 10 minutes, by an off-board system.
If you happen to be in Geneva for the International Motor Show, the LAMPO2 is one of about a dozen electric vehicles available for a test drive in the Essais Verts section and take it for a spin yourself for yourself.
Not in Switzerland? Enjoy the photo gallery and video at the bottom of this post.
The Renault Kangoo Maxi Z.E. – A Cargo Van That’s Cheap To Buy And Cheaper To Operate
Renault Kangoo Maxi Express Z.E. 5 seat/Cargo Van
With full size five-seater version of the Kangoo Maxi Z.E. comes with a modest price tag of just 22,000 Euros or about $35,000. With a small 44 kW (about 60 hp) motor this cargo van won’t get you anywhere fast, but it won’t cost you much to get there. Charge the lithium-ion battery overnight for a few dollars and drive about 170 km (about 105 miles). You don’t need to get out the calculator to see that this cargo van will save you at least $100 a month at the pump.
The Kangoo Maxi Z.E. by Renault is a five seat crew van is capable of four different interior layouts. If you want cargo space, the rear benchseat folds into the floor to produce a flat deck. With the rear seat stowed away the Kangoo Maxi Z.E. has a carrying capacity of about to 4.6 m3 (about 162 cu ft) making it about two-thirds the size of a GMC Savana. With a height of just 1.8 meters (less than 6 feet) it’s capable of clearing the lowest overhangs and entrances.
Tomorrow in Geneva Palexpo, the 81st International Motor Show will not only be displaying a range of electric vehicles, but visitors will have a chance to test drive some in the Essais Verts (Green Test Drives) section. Here are five of our favorite cars on display tomorrow that we’ll be queuing up to test drive.
The LAMPOS2 Prototype Available for test drive at the Geneva International Show
First up is the slick looking LAMPOS2 prototype from Protoscar. I’d stand in line all day to get behind the wheel of this 408 hp beast. This high performance all electric sports car has two motors front and back that effectively make it an all wheel drive with variable torque between the front and rear axle. It can accelerate from 0 to 100 km/h in 5 seconds, has a top speed of 200 km/h. The lithium ion batteries give it a range of over 200 km which is how far they’ll have to chase me. If this beauty is as much fun to drive as it looks, I’m not giving it back!
Mercedes-Benz A-Class E-Cell electric vehicle
Next in line is the A-Class E-Cell from Mercedes-Benz.It’s their second electric vehicle intended for production after the B-Class F-Cell hydrogen fuel-cell car. Unlike the F-Cell this car needs to be plugged in to charge it’s lithium-ion batteries. Last year 500 of these five-seater were built in Rastatt and leased to selected customers in Western Europe. If you weren’t one of those lucky few, the test drive tent at Geneva is your chance to give this 95 hp production vehicle a spin.
The Smart ForTwo electric drive
Daimler has a second generation Smart electric drive two-seater ready for a test drive this year at the 81st International Motor Show in Geneva. This very efficient electric vehicle has a soft top and a surprising amount of interior space. The rear mounted 30 kilo-watt motor gives 120 NM of torque making this urban electric vehicle quite agile. Drivers that equate efficiency with sluggishness will be very surprised to feel this car pop of the line.
Peugeot iOn
Peugeot has their 100% electric iOn urban runabout on display and available for a test drive at the 2011 International Motor Show in Geneva. Followers of Mitsubishi might notice that it is essentially a Mitsubishi i-MiEV with a more elegant color scheme. This four door hatchback has a surprising amount of acceleration at lower speeds. A low center of gravity adds a sense of stability when turning. Lucky auto show patrons will find that the iOn maneuvers easily with a turning radius that will make it fun to drive even in tightly jammed city streets.
The Nissan Leaf
Finally the car everyone’s talking about, the Nissan Leaf. Demand continues to out-pace supply for the 2011 European Car of the Year. In North-America thousands of potential customers who put down deposits on this electric vehicle will most likely be waiting until later this fall. If any of them happen to be in Switzerland, they can at least spend some time behind the wheel. We haven’t had a chance to drive one yet and are looking forward to it.
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