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ElectraMeccanica and Tevva to merge; targeting electric commercial trucks in UK, Europe and US

Green Car Congress

ElectraMeccanica , a designer and assembler of electric vehicles, and Tevva , a manufacturer of electric medium- and heavy-duty commercial vehicles, have entered into a definitive agreement, pursuant to which ElectraMeccanica and Tevva have agreed to combine by way of a British Columbia statutory plan of arrangement. Canada Ltd.

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Hyliion and Tortoise Acquisition to merge, combined company to remain listed on NYSE

Green Car Congress

Class 8 electric powertrain company Hylion intends to merge with Tortoise Acquisition Corp. Founded in 2015, Hyliion delivers Class 8 truck electrification with its hybrid and fully electric powertrain solutions. is serving as legal advisor to Tortoise Acquisition Corp. The boards of directors of both Tortoise Acquisition Corp.

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TRATON GROUP, Daimler Truck and Volvo Group kick off European charging infrastructure JV

Green Car Congress

It will be a self-standing legal entity, operating under its own corporate identity and based in Amsterdam, Netherlands. The JV will provide reliable and accessible high-performance charging stations for all battery electric heavy-duty vehicle fleet operators.

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Stellantis Investors Fume Over CEO Pay Amid Job Cuts, Plant Closures, Supplier Strife

The Truth About Cars

Stellantis CEO Carlos Tavares’ pay increase has annoyed a subset of shareholders as the automaker positions itself for more layoffs and attempts to shift the production of electric vehicles to countries where labor is cheaper. With the company vowing to shift to all-electric vehicles, many long-held business relationships are falling apart.

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In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud – ET Auto

Baua Electric

prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities , three people familiar with the matter told Reuters. Tesla’s claims about Autopilot and FSD have also drawn scrutiny in regulatory investigations and lawsuits.

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NTT DATA and DENSO building industry-wide dataspace for EV batteries

Green Car Congress

NTT DATA Corporation and DENSO Corporation have started to build an industry-wide ecosystem for electric vehicle (EV) batteries to create a global trusted dataspaces where only necessary data can be shared, while also protecting private data.

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Calumet’s Montana Renewables became the largest SAF producer in North America in Q2

Green Car Congress

Approximately 50% of renewable diesel production is currently being sold into Canada; all of the SAF is being delivered to Shell Aviation; and the renewable hydrogen plant capacity was demonstrated. In November 2021, Montana Renewables was separated both legally and commercially from Calumet Specialty Products Partners, L.P.,

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