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LanzaTech going public via SPAC

Green Car Congress

LanzaTech, a company that has developed gas fermentation technology to transform waste carbon into materials such as sustainable fuels, fabrics, packaging and other products that people use in their daily lives, will go public through a merger with AMCI Acquisition Corp. II (AMCI), a publicly-traded special purpose acquisition company (SPAC).

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Airless tires look like the future for robotaxis, EVs, and more

Baua Electric

But the top tire-maker in the world sees the future as completely airless. “We are convinced at Michelin that airless is the future technology that is necessary for many reasons,” Cyrille Roget, the company’s director of scientific and technical communications, said to Green Car Reports at a recent event that emphasized sustainability and EVs.

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Rivian trademarks the names of six future all-electric models

Teslarati

The company has been developing the vehicles ever since and plans to begin deliveries of the R1T pickup in September after several strings of delays due to parts shortages and COVID-19 related issues. Tesla, for example, submitted trademarks for the Model Y in March 2017, the Model 3 in June 2016, and the Roadster in 2005.

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Toyota establishing new artificial intelligence R&D company; $1B investment over 5 years

Green Car Congress

Toyota Motor Corporation is establishing a new company, Toyota Research Institute Inc. The new company will begin operations in January 2016. Toyota believes artificial intelligence has significant potential to support future industrial technologies and the creation of an entirely new industry.

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Punch Group acquires GM propulsion engineering center in Turin; global center of excellence for diesel

Green Car Congress

The transaction between the two companies includes an engineering services agreement (ESA) to support GM’s global product programs through the end of 2021. Since 2005, Turin has served as a global center of excellence for diesel propulsion systems and electronics for GM. — Punch Group Founder and CEO Guido Dumarey.

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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

Daimler AG is taking a major step forward in its China strategy with the closing of the company’s 12% investment in long-standing partner BAIC Motor, the passenger car unit of Beijing Automotive Group (BAIC Group), one of the top automotive companies in China. BDNT); as well as sales companies in Hong Kong and Taiwan.

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Li-S battery company OXIS Energy receives 2014 European Frost & Sullivan Award for Technology Innovation

Green Car Congress

For specific military applications, OXIS Energy is confident of achieving a significant weight reduction in excess of 50% in the near future. OXIS Energy was founded in 2005. During its first phase, the company invested heavily in design and development.