Remove 2019 Remove Available Remove Corporation Remove Financing
article thumbnail

WiTricity raises $34M in venture capital, including strategic investment from Mitsubishi

Green Car Congress

Stage 1 Ventures led the round with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its US subsidiary, Mitsubishi Corporation (Americas). Inclusive of WiTricity’s acquisition of Qualcomm Halo in early 2019, WiTricity now holds more than 1,000 patents worldwide.

article thumbnail

Lucid CFO resigns ‘to pursue other opportunities’

Teslarati

She will be available to Lucid in an advisory role through December 21, 2023, to assist in the transition of her duties. She was Director, Head of Business & Corporate Finance from 2017 to 2019, and Corporate Development Officer/Director from 2019 to 2022.

article thumbnail

Porsche launches carbon offset program in US

Green Car Congress

Following its corporate fleets, PCNA will soon offer Porsche Impact to USA customers who want to reduce the CO 2 footprint of their internal-combustion engines. The available programs are focused on forest protection in the US, hydropower in Vietnam, solar energy in Mexico, and species diversity in Zimbabwe. How much does it cost?

Porsche 207
article thumbnail

Robotic Tire Changing Business Goes Bust

The Truth About Cars

RoboTire, which launched in 2019, had stated its intention to speed up vehicle maintenance for auto repair shops, fleet operators and dealerships. million Series A financing round in 2021. However, all assets are assumed to be liquidated in the hopes of settling some corporate debt as this is a Chapter 7 filing.

Detroit 111
article thumbnail

Audi targeting sales of 800,000 BEVs and PHEVs in 2025

Green Car Congress

In 2019, the Audi e-tron Sportback will be the second fully electric car to be launched, followed by the Audi e-tron GT from Audi Sport in 2020. More digital content and services will gradually be made available to the passengers. —Alexander Seitz, Member of the Board of Management for Finance at Audi AG.

Audi 170
article thumbnail

Workhorse Group secures $35M in financing from Marathon Asset Management; $1.3M battery purchase by Duke Energy

Green Car Congress

a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. This agreement provides meaningful, near-term funding that will go directly toward building and delivering vehicles to customers in 2019. Workhorse Group Inc.,

Financing 259
article thumbnail

IBM’s Fall From World Dominance

Cars That Think

He was therefore perfectly positioned to be the author of the definitive corporate history of the company he used to work for, in a book entitled IBM: The Rise and Fall and Reinvention of a Global Icon , which was published in 2019 by MIT Press. Commodore, Tandy/RadioShack, and Osborne also had popular computers. There were assemblers.

Personal 127