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Solid-state battery company Quantumscape to list on NYSE; $3.3B valuation

Green Car Congress

a special purpose acquisition company (SPAC), announced a definitive agreement for a business combination that would result in QuantumScape becoming a publicly listed company. QuantumScape Corporation, a developer of next generation solid-state lithium-metal batteries for use in electric vehicles, and Kensington Capital Acquisition Corp.,

Companies 468
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Gevo enters definitive off-take agreement with Sasol Chemical Industries Limited for renewable isobutanol

Green Car Congress

Gevo and Sasol Chemical Industries Limited (Sasol) have entered into a definitive commercial isobutanol off-take agreement commencing in 2012. This three-year agreement anticipates the utilization of the majority of Gevo’s 2012 and 2013 planned production capacity and includes specific volume and price commitments.

Renewable 210
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A123 Systems and Wanxiang execute definitive agreements for investment of up to $465M in A123

Green Car Congress

US-based Li-ion battery manufacturer A123 Systems announced the execution of definitive agreements with China’s Wanxiang Group Corporation, which follows the non-binding memorandum of understanding (MOU) that A123 signed with Wanxiang on 8 August 2012. Earlier post.) — David Vieau, CEO of A123.

Convert 231
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General Motors And Tengzhong Sign Definitive Agreement For Sale Of HUMMER

Green Car Congress

Ltd (Tengzhong) have entered into a definitive agreement that will allow Tengzhong to acquire GM’s HUMMER brand. Under the terms of the definitive agreement, the buyer will acquire the ownership of the HUMMER brand, trademark and tradenames, as well as specific IP license rights necessary for the manufacture of HUMMER vehicles.

Hummer 210
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German researches conclude EU rapeseed biodiesel extremely unlikely to meet current definition of sustainability

Green Car Congress

It is extremely likely that European rapeseed biodiesel does not, in fact, meet the current EU definition of sustainability. —Pehnelt and Vietze (2012). Gernot Pehnelt and Christoph Vietze (2012) Uncertainties about the GHG Emissions Saving of Rapeseed Biodiesel (Jena Economic Research Papers Nº 2012 – 039).

2009 244
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Toyota to sell RAV4 EV to public and fleets in 2012

Green Car Congress

Toyota will bring the RAV4 EV ( earlier post ) to market in 2012. Contrary to some reports, Toyota said , the RAV4 EV will definitely be sold to the general public as well as to fleet users. Toyota will bring two battery electric vehicles to the market in 2012: the RAV4 EV and the Scion iQ EV.

2012 210
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Sayona Mining and Piedmont Lithium restart commercial spodumene concentrate production at NAL

Green Car Congress

Mineral resource estimates have been determined by Sayona and reported in accordance with JORC Code (2012) and NI 43-101 standards. Sayona Québec is expected to provide an updated Definitive Feasibility Study for both NAL and its Authier Lithium Project. Spodumene concentrate housed in the newly constructed containment facility at NAL.