article thumbnail

VinFast and Mitsubishi to Collab on After-Sales Service (and Recycling Used Cooking Oil)

The Truth About Cars

Perhaps answering at least some of the questions we all have about VinFast and its long-term plans in this country, owner Vingroup announced this morning it has signed a memorandum of understanding with Mitsubishi to explore providing after-sales services in international markets. Wait, what?

article thumbnail

Major companies with large fleets release new EV roadmap for car & truck manufacturers

Green Car Congress

Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years. million on-road vehicles in the United States.

Fleet 476
article thumbnail

Sinopec buys 49% equity interest in Talisman Energy UK North Sea assets for $1.5B

Green Car Congress

Sinopec International Petroleum Exploration and Production Corporation (Sinopec) will acquire a 49% equity interest in Talisman Energy’s UK North Sea business, Talisman Energy (UK) Limited (TEUK), for $1.5 The deal structure will be a corporate joint venture whereby Sinopec will buy 49% of the shares of TEUK for $1.5

Buy 231
article thumbnail

CCEMC launches $35M international challenge to find useful applications for carbon

Green Car Congress

Alberta-based Climate Change and Emissions Management Corporation (CCEMC) ( earlier post ) has issued a $35-million open innovation international challenge to create new, carbon-based products and markets. The CCEMC is a not-for-profit corporation that operates independently of government. million cars off the road.

Carbon 186
article thumbnail

Government of Canada to buy Trans Mountain Pipeline System and Expansion Project for C$4.5B, resume planing and construction

Green Car Congress

As part of the agreement, the Government has agreed to fund the resumption of TMEP planning and construction work under the ownership of a Crown corporation. The Trans Mountain Expansion Project was originally proposed as a way to deliver more Canadian oil resources to international markets. This is an investment in Canada’s future.

Canada 199
article thumbnail

Lobbyists Estimate Billions in Fines If New Fuel Economy Rules Adopted

The Truth About Cars

Energy Department last week, citing “alarming” expected penalties for companies not meeting proposed Corporate Average Fuel Economy (CAFE) requirements. Automakers tend to buy credits or pay fines if they cannot meet CAFE requirements. Reuters is reporting the concerns were sent to the U.S. MPGe to 59.5

article thumbnail

Dana sees robust Q2 earnings

Baua Electric

billion, a acquire attributed to raised marketplace call for, cost-recovery movements and conversion of the corporate’s gross sales backlog. Executives reaffirmed Dana’s loyalty to evolving the electrified aspect of the corporate. in afternoon buying and selling on Friday. Dana’s income rose 6 % to $2.75

Ohio 52