article thumbnail

thyssenkrupp System Engineering business unit to be split into two independent companies; powertrain and battery unit to be sold or find partners

Green Car Congress

At the start of the new fiscal year on 1 October 2020, thyssenkrupp will commence the operational realignment of its automotive system engineering activities. In the coming months the current System Engineering business unit will be split commercially, operationally and legally into two independent business units.

Engine 186
article thumbnail

Mercedes-Benz begins sales of DRIVE PILOT Level 3 conditionally automated driving in Germany

Green Car Congress

In parallel to the successful launch of DRIVE PILOT in Germany, Mercedes-Benz aims to obtain regulatory series approval for the two US states of California and Nevada by the end of the year, provided the legal situation permits the system operation. Since then, it can be implemented in Europe. 157 for a Level 3 system.

Mercedes 384
article thumbnail

Zhejiang Methanol Hydrogen and Element 1 partner to deliver hydrogen generation technology to Greater China

Green Car Congress

Whereas fuel cell technology has matured substantially over recent decades, the supply of hydrogen as feedstock to fuel cells has lagged considerably, resulting in significant logistic and economic challenges to the wide-scale deployment of fuel cells. Dave Edlund, the founder and CEO of e1NA.

Hydrogen 418
article thumbnail

Tesla Careers page reopens job listings in the United States

Teslarati

Over the following weeks, several key executives, such as former SVP of Powertrain and Energy Engineering Drew Baglino and Vice President for Public Policy and Business Development Rohan Patel , would leave the company. As per Musk, this would enable Tesla to be “lean, innovative, and hungry for the next growth phase cycle.”

article thumbnail

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.).

Batteries 321
article thumbnail

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

Green Car Congress

Perella Weinberg Partners LP acted as sole financial advisor to Compass Minerals in the transaction and Cleary Gottlieb Steen & Hamilton LLP acted as the company’s legal advisor. Jones Day acted as legal advisor for KM&T.

Utah 195
article thumbnail

Indian SUV major Mahindra intends to equip its new EV platform with MEB components from Volkswagen

Green Car Congress

The Partnering Agreement evaluates the scope of collaboration—it indicates binding rules for the evaluation phase as well as the non-binding scope of supply. The binding supply agreement will be negotiated in a continued constructive and legally compliant way to conclude by the end of 2022.

India 186