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A123 Systems Closes First Day of Trading with Market Value of Almost $2B

Green Car Congress

The company granted the underwriters the option to purchase up to an additional 4,227,075 shares at the initial public offering price to cover over-allotments, if any. acted as joint book-running managers for the offering. Morgan Stanley & Co. Incorporated and Goldman, Sachs & Co.

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The Heart and the Chip: What Could Go Wrong?

Cars That Think

Legendary MIT roboticist Daniela Rus has published a new book called The Heart and the Chip: Our Bright Future with Robots. There is a robotics revolution underway,” Rus says in the book’s introduction, “one that is already causing massive changes in our society and in our lives.”

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Engine Alliance Completes 100th GP7200 Engine; Specific Fuel Consumption Improvement Noted

Green Car Congress

In recognition of the GP7200’s demonstrated fuel performance on the A380, Airbus recently revised the performance handbook, or “Orange Book”, to reflect a 0.5% The Orange Book is frequently used by prospective aircraft purchasers as a predictor of aircraft performance. There are 14 GP7200-powered A380s in service.

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EPA Administrator broadly outlines Trump Administration thinking on fuel economy standards and California

Green Car Congress

Wheeler adduced four reasons to support that argument: price, safety, environmental impact and incentivizing the purchase of new, cleaner, safer cars. Kelly Blue Book earlier this month reported that the the estimated average transaction price for a light vehicle in the United States was $37,401 in August 2019, up 2% from August 2018.

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James Wimshurst’s Electrostatic Immortality

Cars That Think

In 1886 he published a book, Static Electricity. Try this at home: an electric kiss Wimshurst machines are readily available for purchase today. Von Slatt also appeared in IEEE Spectrum ’s October 2008 article “ The Steampunk Contraptors.”) It was manufactured in Germany and sold in the United States by James W. Queen & Co.)

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SEC issues cease-and-desist order against split-cycle engine developer Scuderi Group for violations of Securities Act

Green Car Congress

Between 2008 and 2011, a period when Scuderi Group sold more than $75 million in securities despite not obtaining any revenue, Mr. Scuderi authorized more than $3.2 Scuderi Group sold securities pursuant to these PPMs from 2008 to 2012, raising approximately $75 million. million in Scuderi Group spending on such purposes.

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Finally, an eVTOL You Can Buy (Soon)

Cars That Think

Leng says the journey started for him in 2008, when “I just serendipitously stumbled upon the fact that all the key technologies for making electric VTOL human flight practical were coming to a nexus.”. That sophisticated, real-time control will allow a far larger number of people to consider purchasing a BlackFly when it becomes available.

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