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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

With more than 90 of the company’s investors being non-accredited investors (Reg D Rule 506 sets a limit of 35 non-accredited investors when the offerings are integrated), the Scuderi Group engaged in several practices that improperly reduced the number of non-accredited investors recorded on its books, the SEC charged.

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Motiv Engines introduces 2nd-generation split-cycle concept; MkII Clarke-Brayton heavy-duty engine being designed for LNG

Green Car Congress

Motiv Engines, LLC introduced the second-generation of its engine concept dubbed the MkII Clarke-Brayton Engine, which it intends to develop into a heavy-duty on-highway engine fueled by liquid natural gas (LNG). The technology for the MkII Clarke-Brayton Engine originated at Caterpillar, Inc. Clarke and W.

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