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China’s Bullet Train Network

China’s loss of US export markets has determined Chinese officials to invest huge amounts of money into the construction of a 16,000-km fast train network, to be fully completed by 2020. During the first three quarters of 2009, investment in fixed assets like factories and railroads has amounted to more than 90 percent of China’s… » read more

“So far in 2009, battery companies have received over $600 million in venture capital funding, compared with $478 million garnered for 2008, according to research analyst Lux Research. The investment isn’t without reason. In a report released Tuesday, Lux predicted that the energy storage market will grow to become a $60 billion industry by 2013.”… » read more

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