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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

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Tesla loses Head of Legal who oversaw internal purchasing probe

Teslarati

Tesla has lost its Head of Legal, David Searle, who reportedly left his position at the automaker less than a month ago. Searle oversaw an internal purchasing probe during his final days at the company before leaving. Tesla has gone through several Head Legal employees in the past several years. I’d love to hear from you!

Legal 99
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Tesla boosts its legal team by hiring top securities lawyer

Teslarati

Tesla’s legal team received a boost last month, with the company hiring Derek Windham, a top securities lawyer, as its senior director and deputy general counsel for corporate and securities. He would be reporting to the head of Tesla’s in-house legal team, who, in turn, reports directly to CEO Elon Musk. .

Legal 98
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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

Green Car Congress

With the M1 permit in hand, the company expects to be hoisting graphite after the shaft has been deepened by twenty feet and crosscut to a parallel vein system. The K1 mining project is fully permitted, and the company is in the process of deepening the shaft and has doubled capacity for hoisting graphite. From the K1 site.

Sri Lanka 417
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Euro Manganese enters offtake term sheet with battery-maker Verkor

Green Car Congress

The parties intend to enter an offtake agreement, whereupon the pricing mechanism and minimum tonnages outlined in the term sheet would become binding upon the signing by the parties of a legally binding offtake agreement, together with any other agreements necessary to give effect to the project.

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Get H2 partners propose green hydrogen pipeline in Europe

Green Car Congress

Seven companies from the GET H2 initiative in Europe want to build a cross-border pipeline for green hydrogen. The companies want to push ahead with the development of a hydrogen economy. The companies are convinced that the draft passed by the Federal Cabinet at the beginning of February does not go far enough.

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General Motors to Move from Long-Running Detroit HQ Into a New Location Across Town

The Truth About Cars

GM CEO Mary Barra said the automaker would work with developers to find a use for the old buildings but also noted that the company was committed to the Detroit area, calling the new building a “new city landmark.” GM President Mark Reuss said the company hadn’t determined how many employees would move to the new location.