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SEC issues cease-and-desist order against split-cycle engine developer Scuderi Group for violations of Securities Act

Green Car Congress

In its order, the SEC noted that between 2004 and 2011, Scuderi Group sold more than $80 million worth of securities through offerings that were not registered with the Commission and did not qualify for any of the exemptions from the Securities Act’s registration requirement. —SEC order (Release Nº 33-9407).

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How the IBM PC Won, Then Lost, the Personal Computer Market

Cars That Think

And in 2005, the Chinese computer maker Lenovo Group purchased IBM's PC business. The purchase price probably would have been around $100 million in 1986, an amount that by 1993 would have yielded a return of $3 billion and in subsequent decades orders of magnitude more. Gerstner Jr. finally pulled the plug on OS/2.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

As oil prices decreased in the 1990s, the consumer acceptance of hydrous ethanol fueled cars greatly decreased and purchases of gasoline fueled automobiles returned to previous levels. The first such vehicles were introduced by Volkswagen in 2003, and by 2004, they accounted for more than 17% of the Brazilian auto market.

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Proterra beefs up its battery expertise: Q&A CTO Dustin Grace

Charged EVs

Since its founding in 2004, Proterra has grown to become North America’s largest supplier of electric buses. Dustin: There’s no rule book on that one. I think you’re going to see a lot more of it—the whole model for purchasing a school bus, in this decade, is going to change drastically if utilities catch on to this.

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