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SEC charges Volkswagen AG, former CEO Winterkorn with defrauding bond investors during emissions fraud

Green Car Congress

The US Securities and Exchange Commission charged Volkswagen AG, two of its subsidiaries, and its former CEO, Martin Winterkorn, for defrauding US investors, raising billions of dollars through the corporate bond and fixed income markets while making a series of deceptive claims about the environmental impact of the company’s “clean diesel” fleet.

Emissions 191
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Bezos Bucks? Get Ready for Corporate Digital Currency

Cars That Think

Corporate Cash The idea of private digital currencies goes back to at least 1994, when the late Edward de Bono wrote of the “IBM dollar.” In de Bono’s vision, “large manufacturing corporations” should create their own currencies, which could be used to buy their products. These companies had two main concerns.

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Update: 10 Best Car Sharing Programs

Clean Fleet Report

Zipcars can be found in Atlanta, Austin, Baltimore, Boston, Chicago, Dallas, Denver, Detroit, Houston, Los Angeles, Miami, Minneapolis, Milwaukee, New York, Philadelphia, Providence, Sacramento, San Diego, Zipcar users have a card that unlocks their local cars San Francisco, Seattle and Washington, D.C. In the U.S.

Cars 98
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Who Really Invented the Rechargeable Lithium-Ion Battery?

Cars That Think

It was manufactured in small volumes by Exxon, appeared at an electric vehicle show in Chicago in 1977, and served briefly as a coin cell battery. Stanley Whittingham [from left] shared the 2019 Nobel Prize in Chemistry. The first iteration, developed by M. Stanley Whittingham at Exxon in 1972, didn’t get far. But he found no takers.