article thumbnail

Wilmington Trust selected as trustee for $2.7B Volkswagen Environmental Mitigation Trust

Green Car Congress

Wilmington Trust chaired the unsecured creditors’ committee for both the General Motors Corporation and Lehman Brothers bankruptcy cases. The company also served as trustee for the Greece debt restructuring program. WorldCom, General Growth Properties, and Tribune Company bankruptcies, among others.

article thumbnail

Pike Research updates xEV forecasts; projects Ford to lead US PEV market, followed by GM

Green Car Congress

General Motors will follow with 20% share. The economic malaise in Greece, Italy, Spain, France, and other Western European countries is expected to largely end. Ford will lead the US PEV market by 2016 based on the strength of its. Energi products, reaching 23% market share by 2020. Western European Economics.

Market 268
article thumbnail

Northern Lights Energy and Reva Electric Car Company Sign Agreement to Develop the Electric Vehicle Market in Iceland

Green Car Congress

In September, Reva announced a joint venture with General Motors India to provide the electric powertrain and energy management systems for the new Chevrolet Spark and a new 30,000 unit Reva assembly plant is under construction in India. Earlier post.)

REVA 284
article thumbnail

Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

GM To Develop Solid State Batteries With SolidEnergy Systems – General Motors has signed a deal with a Massachusetts Institute of Technology spinout for joint development of next-generation electric vehicle batteries that are expected to cut the cost of the technology by 60%. – March 15, Green Car Reports.

Kia 52