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Elon Musk’s The Boring Company to switch state of incorporation

Teslarati

The Boring Company (TBC) will switch its state of incorporation to Nevada by March 2023. The tunnel boring company is the second Elon Musk-led company to announce a switch in its state of incorporation this past week. Like most Elon Musk-led companies, including Tesla, the Boring Company was previously incorporated in Delaware.

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German transport company SWEG and Daimler sign LOI for first Mercedes-Benz eCitaro REX with fuel cell range-extender

Green Car Congress

The Südwestdeutsche Verkehrs-Aktiengesellschaft (SWEG) (Southwest German Transport Company), and Daimler Buses signed a letter of intent to bring the first Mercedes-Benz eCitaro REX with a fuel-cell range extender out of series production onto the road. The company is currently developing a concept for supplying the city bus with hydrogen.

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Toyota Research Institute - Advanced Development forming Woven Planet Holdings and two new operating companies

Green Car Congress

will expand and improve its operations into a holding company and two operating companies. The holding company will be Woven Planet Holdings, Inc. and the two operating companies under it will be Woven CORE, Inc., Effective January 2021, Toyota Research Institute - Advanced Development, Inc.

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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

Green Car Congress

billion in the third quarter of 2018, down 6% from the same period last year, according to the latest Clean Energy Investment Trends report from research company Bloomberg NEF (BNEF). We’re seeing more companies raising funds as they look to make the jump from concept cars to high-volume manufacturing. billion, up 1%.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Magna to showcase its electrification and autonomy solutions at CES 2018

Green Car Congress

Magna will showcase key products in electrification, autonomy and mobility during CES 2018. In addition, the company will showcase its latest electrification technology through its e1 demonstration concept vehicle. The company has already partnered with universities (including MIT, Stanford, etc.),

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Nissan unveils LEAF-based Sylphy BEV at Auto China 2018

Green Car Congress

Nissan unveiled the Nissan Sylphy Zero Emission, Nissan’s first electric car made in China for Chinese consumers, at Auto China 2018 in Beijing. The Nissan Sylphy Zero Emission will go on sale later in 2018. More information will be available at a later date, including service and financing options. Earlier post.).

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