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Tesla, GM supplier Glencore pleads guilty to $1.1bn penalty for FCPA violations

Teslarati

Tesla and General Motors material supplier Glencore and Glencore Ltd. It also agreed to a $39,598,367 penalty under a resolution signed with Brazil’s Federal Prosecutor’s Office in connection with its bribery investigation into Glencore. In Venezuela, Glencore paid $1.2 Glencore agreed to pay over $1.1

GM 94
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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

A battery electric vehicle (BEV) uses an electric motor instead of an internal combustion engine. These vehicles use large traction battery packs to power the motor. of the country’s total electricity connections, but it’s growing fast. Petrol and diesel vehicles both use internal combustion engines (ICEs).

article thumbnail

EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

A battery electric vehicle (BEV) uses an electric motor instead of an internal combustion engine. These vehicles use large traction battery packs to power the motor. of the country’s total electricity connections, but it’s growing fast. Petrol and diesel vehicles both use internal combustion engines (ICEs).