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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

The above circumstances, along with the Company’s history and near term forecast of incurring significant net losses and negative operating cash flows, raise substantial doubt on the Company’s ability to continue as a going concern. A123 Systems has been the recipient of a number of state and federal grants and tax incentives.

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Auto Report: Shhh! Don’t say that ‘R’ agreement!

Baua Electric

A bunch of Would possibly gross sales experiences from other areas and corporations confirm that the hunch in call for for unused cars that no less than some business executives feared has now not took place – thus far.

Auto 52
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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

Green Car Congress

In 2026, US-based lithium-ion battery manufacturing capacity is forecast to be almost 600GWh, which is estimated to require over 500,000 tpa graphite-based AAM. As part of the fluorinated solutions business group of Orbia, a publicly traded global corporation with total revenues of $8.7

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit. Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations.

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U.S. Metal forges forward on greener, lighter metal as aluminum festival heats up

Baua Electric

Whisk the corporate’s VerdeX inexperienced metal providing, as an example. Metal would grant about 150,000 heaps of VerdeX metal to GM, accounting for between 15 and 20 % of its trade with the Detroit automaker. It has additionally intended reimagining the way it makes its merchandise. Jaycox mentioned U.S.

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EPoSil: electroactive polymers for generating electricity from wave power

Green Car Congress

This grant is part of the “smart materials for innovative products” program. The company used data from the European Centre for Medium-Range Weather Forecasts ( ECMWF ). Istvan Denes, Bosch corporate research and advance engineering. Global potential for wave power. Click to enlarge.

Polymer 207
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Lucid cuts manufacturing forecast then $780 million internet loss

Baua Electric

Manufacturing of the three-row crossover is on agenda to start out in 2024, the corporate stated. That incorporates brandnew efforts to grant check drives around the nation. The Dream Forward Excursion began mid-April with 4 stops in Florida and can end in mid-November in Dallas, the corporate stated.