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Raser Technologies (RZ) To Develop Solar Power & Electric Cars With Hyundai Heavy Industries

Raser Technologies (RZ) is surging 25% this morning after announcing it will develop solar power and electric cars with Korea based, global manufacturer Hyundai Heavy Industries.  This is the same company working with American Superconductor (AMSC) to develop wind energy.

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This isn’t yet a done deal with contracts signed, but the two companies have signed a memorandum of understanding to co-develop solar power and electric vehicles … Read the rest