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Volkswagen Group launching major electro-mobility campaign in China; $25B on new vehicles, technologies and plants up to 2018

Green Car Congress

17 Group models already meet the updated legal requirements set by the Chinese authorities to qualify as “especially energy-efficient vehicles.”. billion) up to 2018. billion) up to 2018. Winterkorn also said that China is the Volkswagen Group''s largest single market and plays a key role in the Group’s Strategy 2018.

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MAN reports successful testing of autonomous heavy-duty truck at Port of Hamburg

Green Car Congress

MAN Truck & Bus and Hamburger Hafen und Logistik AG (HHLA) have been driving forward the Hamburg TruckPilot research and testing project since the end of 2018 to develop automation solutions. German lawmakers recently created the basic framework for autonomous trucks to be used in logistics applications in defined operating areas in Germany.

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Porsche acquires majority stake in e-bike maker Greyp

Green Car Congress

The sports car manufacturer’s venture capital arm, Porsche Ventures, has held a stake of around 10% in the Croatian company since 2018. The takeover has not yet been legally completed, but is expected to be finalized at the end of the year. Porsche is acquiring a majority stake in the e-bike manufacturer Greyp Bikes. Greyp e-SUV model.

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Elon Musk’s $56B pay package under review by new Tesla committee  

Teslarati

The group will explore alternative compensation methods for Musks past contributions if the 2018 $56 billion pay package is not reinstated. Musk’s 2018 pay package is currently under appeal. The committees review underscores Teslas efforts to align Musks compensation with its evolving goals amid legal and strategic challenges.

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New Heinrich high-precision mass flow meter for H2 filling stations; OIML R 139 2018

Green Car Congress

It is the first of its kind to be certified to international standard OIML R 139 2018 and approved for hydrogen filling stations. Recommendation (R) 139 is the OIML (International Organization of Legal Meetrology) model regulation for equipment used to deliver compressed gases (natural gas, hydrogen, biogas, etc.)

2018 243
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Nikola executes reverse merger with VectoIQ; now to be listed on NASDAQ; BEV and FCEV trucks

Green Car Congress

(Nasdaq:VTIQ) is a $230-million publicly traded Special Purpose Acquisition Company (SPAC) formed for the purpose of effecting a merger, acquisition or similar business combination within 24 months of its IPO, which was completed 18 May 2018.

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Tesla shareholder’s legal team adjusts demand to $1.44 billion in fees for Musk pay case

Teslarati

The legal team of Tesla shareholder Richard Tornetta, who filed a legal complaint against Elon Musk’s 2018 CEO Performance Award, has adjusted their plaintiff fee request to the Delaware Court. For their work in the case, Tornetta’s legal team argued that they should be granted 29.4 2018-0408-KSJM.387.0

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