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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

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In 2018, Eos brought its production and supply chain back to the United States from China, and the expanded facility would further build on Eos’ investment in American manufacturing with the increased production of its zinc-based energy storage systems.

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ON Semiconductor to acquire Quantenna Communications; connectivity applications for industrial and automotive markets

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billion and enterprise value of approximately $936 million, after accounting for Quantenna’s net cash of approximately $136 million at the end of fourth quarter of 2018. The transaction is not subject to a financing condition. Morrison & Foerster LLP served as legal advisor to ON Semiconductor.

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Workhorse Group applies for $250M loan from DOE Advanced Technology Vehicles Manufacturing (ATVM) Loan Program

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The company also announced that DOE has deemed its application to be substantially complete for purposes of DOE beginning its preliminary evaluation of the technical, financial, legal and other aspects of the application.

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FCA US reaches settlements on diesel emissions at estimated cost of $800M

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billion, in line with financial charge taken for this purpose in third-quarter, 2018. In addition, FCA US will pay $19 million to the State of California for emissions mitigation initiatives, while also financing the upgrade of 200,000 high-efficiency catalytic converters through the aftermarket.

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Elon Musk appeals ‘government-mandated muzzle’ decision

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In response, legal representation for the SEC argued that Musk willingly entered the deal and was spared harsher punishment by accepting the limits on his Twitter use. The short tweet was published in late 2018, with some Tesla investors arguing that it had prematurely indicated that Musk had acquired financing for Tesla when he had not.

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UK unveils new plan to cut NO2; sale of new conventional gasoline and diesel cars to end by 2040; focus on local action

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In 2018, the Government will publish a comprehensive Clean Air Strategy which will address other sources of air pollution. Despite this, an analysis of more than 1,800 major roads show that a small number of these—81 or 4%—are due to breach legal pollution limits for NO 2 , with 33 of these outside of London. billion (US$3.5

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Navigant’s analysis indicates that only buyers in California and Oregon will purchase sufficient numbers of vehicles in order to meet the ZEV requirement in 2018 and 2019. By 2022, not even California will meet the 10% ZEV requirement. The result is a marketplace that is more competitive with better products.

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