Green Car Congress
OCTOBER 9, 2009
Ltd (Tengzhong) have entered into a definitive agreement that will allow Tengzhong to acquire GM’s HUMMER brand. Under the terms of the definitive agreement, the buyer will acquire the ownership of the HUMMER brand, trademark and tradenames, as well as specific IP license rights necessary for the manufacture of HUMMER vehicles.
The Truth About Cars
MAY 17, 2024
That second part is true, and the first part definitely applies to body-on-frame SUVs. Maybe GM has internal data that suggests Chevy will be just fine without the Malibu. But again, the company is ceding a part of the market to its competitors instead of, you know, at least trying to fight for sales.
Clean Fleet Report
JANUARY 22, 2023
Is now a good time to finally make the upgrade from my internal combustion car? this 2023 model year, not to mention the continued production and sales of 32 previous EV models, there has never been a better time to make the switch from your internal combustion gas guzzler to something greener.
Blink Charging
OCTOBER 6, 2023
As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax. Just as conventional internal combustion engine (ICE) cars measure fuel by the gallon, EV owners measure their energy consumption in kWh.
Green Car Congress
OCTOBER 20, 2014
International cooperation will be necessary to resolve problems in maritime and air transport, but action on cars and trucks can be taken at a national or state level. The initial sales requirement was 2% of car sales in 1998 (representing about 20,000 vehicles at the time), increasing to 5% in 2001 and 10% in 2003. Definition.
China EV
JUNE 29, 2018
Magna International is jumping on the China EV band wagon. That announcement proclaimed the agreement was between BAIC and Magna Steyr, the Austria-based contract vehicle manufacturer that is part of Magna International. By 2025, “the forecast for (sales of) all electric vehicles in China is 5 million,” says Drobnak.
Green Car Congress
SEPTEMBER 20, 2017
UQM recently announced the execution of a Definitive Stock Purchase Agreement with China Heavy Duty Truck Group, under which CNHTC will acquire 34% of UQM’s issued and outstanding common stock on a fully diluted basis. UQM and Sinotruk plan to form a joint venture for the manufacture and sales of electric propulsion systems in China.
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