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Gevo enters into long-term supply agreement for renewable isooctane with HCS Group: worth up to $180M

Green Car Congress

and HCS Group have entered into a long-term, definitive, binding and bankable renewable isooctane purchase and sale agreement. Uwe Nickel, CEO of HCS Group.

Renewable 170
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Volvo Group to acquires 45% of Dongfeng Commercial Vehicles for $900M; Volvo to become world’s largest manufacturer of heavy-duty trucks

Green Car Congress

AB Volvo has signed an agreement with the Chinese vehicle manufacturer Dongfeng Motor Group Company Limited (DFG) to acquire 45% of a new subsidiary of DFG, Dongfeng Commercial Vehicles (DFCV), which will include the major part of DFG’s medium- and heavy-duty commercial vehicles business. The purchase price is RMB 5.6

Volvo 294
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Volkswagen Group adds board-level post for China as part of major management restructuring

Green Car Congress

As part of an extensive structural and management realignment, the Volkswagen Group is adding a new Board of Management function for China, emphasizing the significance of the largest sales market in the world. The Volkswagen Group delivered some 2.3 The Volkswagen Group delivered some 2.3 billion (US$3.23 billion (US$3.23

Parts 231
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Plugless: first wireless charger to provide 1 million charge hours for PEVs

Green Car Congress

Evatran Group, the manufacturer and distributor of Plugless, announced that Plugless installations across North America (and some worldwide) crossed 1-million hours charged this month. 1 st production wireless charger available for purchase by EV owners. 1 st production wireless charger available for purchase by EV owners.

Charging 170
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Volkswagen offering subscriptions to ID.3 and ID.4 in Germany

Green Car Congress

—Klaus Zellmer, Board Member for Sales and Marketing at Volkswagen. In addition, Volkswagen will be launching its online leasing and sales offerings in Germany toward the end of 2021. We are responding to changes in customers’ purchasing behaviour and enabling them to conclude contracts at a dealer or online.

Germany 302
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Brain-Inspired Computer Approaches Brain-Like Size

Cars That Think

Today Dresden, Germany-based startup SpiNNcloud Systems announced that their hybrid supercomputing platform, the SpiNNcloud Platform, is available for sale. Systems for purchase vary in size, but the largest commercially available machine can simulate ten billion neurons , about one tenth the number in the human brain.

Connect 132
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CNHTC acquiring 34% of UQM stock; forming new JV for electric propulsion systems in China

Green Car Congress

UQM Technologies has entered into a definitive stock purchase agreement with China National Heavy Duty Truck Group Co., The purchase price is $0.95 After the closing of the Agreement, UQM and CNHTC intend to form a joint venture for the manufacture and sales of electric propulsion systems in China. million in cash to UQM.

China 150