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Gevo signs definitive supply agreement with HCS Holding for commercial supply of renewable isooctane

Green Car Congress

has entered into a definitive supply agreement with HCS Holding GmbH (HCS) to supply renewable isooctane ( earlier post ) under a five-year offtake agreement. The Supply Agreement has two phases: In the first phase, HCS will purchase isooctane produced at Gevo’s demonstration hydrocarbon plant located in Silsbee, Texas.

Supplies 150
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Germany putting another €300M into EV charging infrastructure

Green Car Congress

The new edition of the charging infrastructure funding program for electric vehicles, with which BMVI was able to grant funding for more than 30,000 public normal and fast charging points from 2017 to 2020, is due for spring with a volume of €500 million. kW to 22 kW ) with up to 80% of the total costs, max. 100,000 funding per location.

Germany 333
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BYD chairman calls on China to extend NEV tax exemption until 2025

CN EV Post

Wang Chuanfu, chairman and president of BYD (OTCMKTS: BYDDY), suggested in an April 1 speech at the China EV 100 Forum that China should extend the NEV purchase tax exemption to 2025, hoping the move would be fast-tracked to stabilize expectations, according to a video replay seen by CnEVPost.

Tax 87
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Nissan to sell AESC automotive Li-ion battery business to GSR Capital

Green Car Congress

Nissan Motor has entered into a definitive sale and purchase agreement with GSR Capital (GSR), a private investment fund, for the sale of Nissan’s automotive electric battery operations and production facilities to GSR. The transaction is contingent on GSR concluding purchase of all NECED shares from NEC.

Li-ion 170
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CNHTC acquiring 34% of UQM stock; forming new JV for electric propulsion systems in China

Green Car Congress

UQM Technologies has entered into a definitive stock purchase agreement with China National Heavy Duty Truck Group Co., The purchase price is $0.95 The parties expect the closing will occur in December 2017. In all respects, CNHTC definitely meets all of these criteria. million in cash to UQM.

China 150
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Panasonic Automotive and IBM partner to develop cognitive vehicle infotainment system with Watson

Green Car Congress

At CES 2017, Panasonic Automotive Systems Company of America introduced the Panasonic Cognitive Infotainment platform designed to provide OEMs and fleet providers a set of cognitive vehicle solutions combining Panasonic’s infotainment expertise with IBM’s Watson and cloud technologies. Panasonic, Qualcomm and Android.

Vehicles 210
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Intel to acquire 15% of HD-mapping company HERE; collaborating on technology for autonomous vehicles and IoT

Green Car Congress

Intel will purchase a 15% ownership stake in HERE, a global provider of high-definition digital maps and location-based services, from HERE’s current indirect shareholders: Audi AG, BMW AG and Daimler AG. The transaction is expected to close in the first quarter of 2017, after obtaining regulatory approvals.

Companies 150