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Daimler AG Board approves Project Future corporate restructure; goes to shareholders in 2019

Green Car Congress

The Board of Management and Supervisory Board of Daimler AG has approved a new corporate structure for Daimler AG. The new structure comprises three legally independent entities—Mercedes-Benz AG, Daimler Truck AG and Daimler Mobility AG—under the umbrella of Daimler AG.

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ElectraMeccanica and Tevva to merge; targeting electric commercial trucks in UK, Europe and US

Green Car Congress

Tevva supports its current product with a unique and purpose-built, commercial-grade electric battery system, and its future product portfolio is being developed to include a proprietary hydrogen range-extender technology, which delivers a differentiated and sustainable dual-energy solution. Canada Ltd. Snell & Wilmer L.L.P.,

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French battery start-up Verkor raises €100 million

Green Car Congress

The news follows the recent signing of a partnership between Verkor and Renault Group under which Verkor will supply an initial capacity of at least 10 GWh per year for the C and higher segments of the Renault range, as well as for the Alpine models. Earlier post.).

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Koch invests $252M in Compass Minerals to support development of lithium brine project in Utah; ESM for DLE

Green Car Congress

Additionally, early conversion testing of Compass Minerals’ brine across a wide range of operating parameters has provided confidence in the scalability of the planned DLE facility to be located at Compass Minerals’ operations in Ogden, Utah. Jones Day acted as legal advisor for KM&T.

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Calumet’s Montana Renewables became the largest SAF producer in North America in Q2

Green Car Congress

—Bruce Fleming, CEO Montana Renewables and EVP Corporate Development The planned hydraulic expansion and MaxSAF developments both continue as the company strategically seeks to grow its first-mover position in the rapidly accelerating SAF market. With these milestones met, we have demonstrated Untreated EBITDA of $1.25

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Hyundai and Kia govern lawsuit over car thefts for $200 million

Baua Electric

The automakers didn’t come with the the most important anti-theft instrument, which prevents the engine from launch with out a key provide, on bottom trims ranges of sure 2011-2021 type generation Hyundai and Kia automobiles. Hyundai additionally showed a agreement were reached.

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Tesla again urges investors to vote in favor of Musk pay plan, Texas move

Teslarati

“We do not think that what the Delaware Court said is how corporate law should or does work. If it is legally advisable, we suggest simply subjecting the original 2018 package to a new shareholder vote.” The vote is being held between now and Tesla’s Annual Shareholders Meeting, which is scheduled for June 13.

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