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

Green Car Congress

In pilot tests to date, ESM’s proprietary ILiAD adsorption technology has proven successful in processing Compass Minerals’ brine resource across four key assessment categories: lithium recovery; magnesium rejection; minimized environmental impact; and commercial readiness. Jones Day acted as legal advisor for KM&T.

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Pacific states and BC agree to align GHG and clean energy policies; targeting 10% new vehicle ZEV purchases by 2016

Green Car Congress

The agreement has no legal effect and imposes no legally binding obligation. Taking actions to expand the use of zero-emission vehicles, aiming for 10% of new public and private vehicle purchases by 2016. The Pacific Coast already has the highest penetration of electric cars in North America.

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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
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Faurecia acquires Amminex to accelerate efficient NOx reduction for passenger and commercial vehicles

Green Car Congress

through a share purchase. At the recent Paris Motor Show, Faurecia showed the Amminex solution for commercial vehicles, as well as an ASDS system in a new format for passenger cars. In increasing its participation to 91.5%, Faurecia expects to intensify the development of this technology for both commercial vehicles and passenger cars.

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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
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Tesla signs 5-year lithium supply deal with Australia’s Liontown Resources: Report

Teslarati

. “Australian-based battery materials company Liontown Resources Limited (ASX: LTR) is pleased to announce that it has entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate,” announced the Australian company.

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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