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

Green Car Congress

The attending members of the Boards of Directors of both companies unanimously approved the proposed transaction. We are excited to merge with ElectraMeccanica and accelerate the growth of the combined company. of the combined company and Tevva shareholders will own 76.5% of the combined company on a fully diluted basis.

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Driving Dystopia: Automakers Are Selling Your Driving Data to Insurance Companies

The Truth About Cars

While this is something many drivers had already been made aware of since the implementation of connected vehicles, the outlet claims that the amount of data has ramped up to a staggering degree. Eight insurance companies had requested information about Mr. Dahl from LexisNexis over the previous month. “It

Companies 111
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thyssenkrupp System Engineering business unit to be split into two independent companies; powertrain and battery unit to be sold or find partners

Green Car Congress

In the coming months the current System Engineering business unit will be split commercially, operationally and legally into two independent business units. The aim is to create two independent companies with different product ranges. This will mainly affect company sites in Bremen, Lower Saxony and Saxony.

Engine 186
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Volkswagen Group investing $700M in XPENG for 5% stake, VW EV development; Audi jointly developing EVs with SAIC

Green Car Congress

As part of the close and long-term strategic cooperation, the Volkswagen Group is to invest approximately US$700 million in the Chinese manufacturer of intelligent electric cars. Since the founding of XPENG, we have been developing full-stack technologies from EV platform to connectivity and ADAS software in house.

Audi 282
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Get H2 partners propose green hydrogen pipeline in Europe

Green Car Congress

Seven companies from the GET H2 initiative in Europe want to build a cross-border pipeline for green hydrogen. By 2030, the network is to be extended to the Salzgitter steelworks and, if necessary, connected to other networks (shown in light blue). The companies want to push ahead with the development of a hydrogen economy.

Hydrogen 435
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NTT DATA and DENSO building industry-wide dataspace for EV batteries

Green Car Congress

In the future, when Japanese companies sell EVs, including battery electric vehicles (BEVs) and hybrid electric vehicles (HEVs), in the European market, they will be required to meet this regulation. The two companies were officially approved as business operators in September 2022.

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Twitter’s filing citing federal investigation on Elon Musk seems to be old news

Teslarati

Recently, news emerged that Twitter’s legal team had written in a court filing that Elon Musk is being investigated by federal authorities in relation to his attempted acquisition of the social media company. Twitter’s legal team also asked the court for access to documents that Musk had given to authorities.

Legal 116