Remove Commercial Remove Global Remove Legal Remove Purchase
article thumbnail

Koch invests $252M in Compass Minerals to support development of lithium brine project in Utah; ESM for DLE

Green Car Congress

Koch Minerals & Trading, LLC (KM&T), a diverse global trading, logistics and investment company and subsidiary of Koch Industries, Inc. KII), is making a $252-million investment in Compass Minerals, a leading global provider of essential minerals, to support phase-one development of its previously identified 2.4

Utah 195
article thumbnail

Lordstown Motors files for Chapter 11, sues Foxconn; selling off Endurance electric pickup

Green Car Congress

The litigation accuses Foxconn of fraud and willful and consistent failure to live up to its commercial and financial commitments to Lordstown. Jefferies is acting as financial advisor to the Company, and White & Case LLP is acting as legal counsel. Earlier post.)

Motor 150
article thumbnail

TRATON AG and Hino to join forces in e-mobility, plan to establish procurement JV

Green Car Congress

Hino has a history of more than 25 years in electrified vehicles and the largest running fleet of hybrid commercial vehicles in the world. The future procurement joint venture with balanced rights is planned as a small but powerful entity between both parties, leveraging synergies in purchasing.

Legal 249
article thumbnail

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. By 2022, not even California will meet the 10% ZEV requirement.

2014 346
article thumbnail

CNHTC acquiring 34% of UQM stock; forming new JV for electric propulsion systems in China

Green Car Congress

UQM Technologies has entered into a definitive stock purchase agreement with China National Heavy Duty Truck Group Co., through its wholly owned subsidiary, Sinotruk (BVI) Limited (collectively, CNHTC”, the parent company of Sinotruk, a leading Chinese commercial vehicle manufacturer. The purchase price is $0.95

China 150
article thumbnail

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

Green Car Congress

With the latest round of financing secured, Sila Nano has begun ramping up production volume and plans to supply its first commercial customers in consumer electronics within the next year. We are looking forward to a fruitful cooperation, pooling our know-how on further development and fast commercialization.

article thumbnail

Verizon acquiring Telogis to enhance connected vehicle business

Green Car Congress

signed an agreement to purchase Telogis, Inc. Telogis is a global, cloud-based Mobile Enterprise Management (MEM) software company focusing on vehicle telematics. Two-way messaging, forms, work orders, and commercial navigation. Morgan acted as financial advisors and Paul Hastings LLP acted as legal advisor to Telogis.

Connect 150