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Tecnomatic S.p.A. sues Remy, claiming false statements in DOE grant application over HVH stator winding technology

Green Car Congress

was improperly secured by Remy and referenced in Remy’s application for $60 million in taxpayer grants from the United States Department of Energy (DOE) in October 2008. Instead, we now have an adversary that has wrongfully adopted our technology as their own to establish a significant presence in this market. Tecnomatic S.p.A.

Grant 186
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3-year, $75.7M eRamp power electronics research project launches at Infineon

Green Car Congress

Infineon, a global market leader in power semiconductors, is leading the €55-million (US$75.7-million) The Project eRamp is co-funded by grants from ENIAC Joint Undertaking and from Austria, Germany, the Netherlands, Romania, Slovakia und the UK. Twenty-six research partners from six countries are participating.

Austria 265
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Europe’s Most Financed Luxury Car Brand

EV Info

This help to show that BMW is more of a bank than a car company. Porsche dominates the luxury car finance industry in the neighbouring eastern European countries of Hungary, Ukraine and Romania. Produced by Forza Finance, a specialist finance company providing loans and credit facilities for UK residents and businesses.

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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

Green Car Congress

Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. The business segment Chemicals & Materials will instead be the growth engine of the company. The company can build on a strong position.

Oil 465