article thumbnail

Robotic Tire Changing Business Goes Bust

The Truth About Cars

Bankruptcy Court of Delaware on Friday carrying $12.7 Inquiries were left with RoboTire and Alessandra Glorioso, attorney at Dorsey & Whitney LLP in Delaware, who represents RoboTire in the case. million Series A financing round in 2021. But the road appears to have stopped with the firm filing for Chapter 7.

Detroit 110
article thumbnail

BP to acquire unconventional US onshore assets from BHP for $10.5B; transforming US onshore oil & gas business

Green Car Congress

BP intends to finance this deferred consideration through equity issued over the duration of the installments. Subject to regulatory approvals, the transaction is anticipated to complete by the end of October 2018. billion will be deferred and payable in cash in six equal installments over six months from the date of completion.

Oil 150
article thumbnail

Danish Parker project developing universal definition for EV integration with electric grid for V2G services

Green Car Congress

The platform, initially developed by the University of Delaware is now supported and commercialized by Nuvve. The project period is August 2016 to July 2018; the project has an overall budget of DKK 14,731,471 (US$2.1 million) which is financed by ForskEL.

Grid 231
article thumbnail

Lordstown recordsdata for chapter, sues Foxconn

Baua Electric

Lordstown, named later the Ohio the town the place it’s based totally, filed for Bankruptcy 11 coverage in Delaware and concurrently took felony motion towards Foxconn. The Lordstown manufacturing facility in Northeast Ohio used to be previously a GM small-car manufacturing facility that GM determined to related in November 2018.

Ohio 52
article thumbnail

Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

It covers ten Northeastern and Mid-Atlantic states (Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont). percent per year over the next four years so that in 2018 there is a ten percent reduction from the baseline. Northeastern Regional Greenhouse Gas Initiative (RGGI).

Gas 244