Remove 2019 Remove Future Remove Legal Remove Market
article thumbnail

Daimler AG Board approves Project Future corporate restructure; goes to shareholders in 2019

Green Car Congress

The new structure comprises three legally independent entities—Mercedes-Benz AG, Daimler Truck AG and Daimler Mobility AG—under the umbrella of Daimler AG. Following approval by the Board of Management and Supervisory Board the corporation can now move into the implementation phase of what it calls “PROJECT FUTURE”.

article thumbnail

US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

Green Car Congress

The DFC loan is subject to the completion of due diligence, negotiation of detailed terms and legal documentation, DFC management approval and Syrah and Twigg Board approvals. DFC has subsequently undertaken technical, market, environmental, social and legal due diligence on Syrah, Twigg and Balama.

article thumbnail

Canada refuses to permit seabed mining absent regulatory regime

Green Car Congress

In April 2019, Fisheries and Oceans Canada announced its new protection standard for new federal Marine Protected Areas (MPAs). Mineral exploration and exploitation do not currently occur in existing federal marine protected areas, and the Government’s 2019 MPA Protection Standard prohibits mining in future federal MPAs.

Canada 210
article thumbnail

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

Green Car Congress

Nikola’s vision of a zero-emission future and ability to execute were key drivers in our decision. He joined Nikola as President in 2019 and previously served as President and COO of Worthington Industries, a publicly-listed metals manufacturing company. —Stephen Girsky, CEO of VectoIQ and former Vice Chairman of GM.

Hydrogen 397
article thumbnail

Why New Production Sources of Tungsten Are Critical for Increased Global Supply

Green Car Congress

and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% China controls the market for nearly 35 precious minerals and metals that are important to the U.S. With the COVID pandemic wreaking havoc on the U.S. Should the U.S.

Supplies 380
article thumbnail

New Emissions Analytics study suggests pollution from tire wear now 1,850 times worse than exhaust emissions

Green Car Congress

Since that study, which was transparently designed to quantify the worst-case tire emissions under legal driving, Emissions Analytics has been testing and analyzing tire wear emissions in more detail across a wider range of driving conditions, and has performed a detailed chemical analysis of hundreds of new tires. mg/km for mass and 6.0

Exhaust 539
article thumbnail

Daimler takes minority stake in Sila Nanotechnologies; next-generation lithium-ion battery materials

Green Car Congress

We’re excited to be working with Daimler to bring better, more energy-dense batteries to their fleet and bring our shared vision for the future of electric vehicles to life for more people. Sila Nano will continue to scale up production in the next few years with plans to go to market with automaker partners BMW ( earlier post ) and Daimler.