Green Car Congress
MAY 1, 2013
has filed a voluntary petition under Chapter 11 in the US Bankruptcy Court, District of Delaware (Petition Nº 13-11153) to enable the reorganization of its business solely around energy storage based on its Li-ion battery systems. CODA’s legal advisor in connection with the restructuring is White & Case LLP.
Teslarati
APRIL 17, 2024
The document included details about the electric vehicle maker’s 2024 annual meeting of stockholders, updates regarding the company’s plans for CEO Elon Musk’s 2018 pay package, as well as an initiative to move Tesla’s state of corporation from Delaware to Texas.
Teslarati
NOVEMBER 18, 2021
Tesla is widely characterized as an automotive company, even though CEO Elon Musk expects the entity’s energy business to be just as large as the automotive side within the next few years. Tesla releases specs for its new Powerwall+ energy storage system. 250k Powerwall installs globally [link].
Teslarati
JULY 17, 2023
In the years since the acquisition, Tesla has made plenty of strides, especially in battery life cycle advancement, electric vehicle range, and even energy storage applications. It is a new legal action that comes in response to a lawsuit that Cap-XX filed against Maxwell in 2019 for the same claims. That case is still ongoing.
Green Car Congress
MAY 18, 2011
JCI) has filed a petition with the Delaware Court of Chancery to dissolve Johnson Controls-Saft Advanced Power Solutions LLC (JCS), the automotive Li-ion battery joint venture between Johnson Controls and Saft. Neither Johnson Controls-Saft, nor any of its subsidiaries, are an active party to the legal action. Johnson Controls, Inc.
Tony Karrer Delicious EVdriven
APRIL 21, 2009
Studies estimate utilities might compensate car owners with $2,000-3,000 a year to "borrow" their storage capacity -- thereby helping to offset the incremental costs of plug-in hybrids. What do environmental groups think of PHEVs? Bluewater Network and Rainforest Action Network have been active, vocal proponents of PHEVs.
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