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Verizon acquiring Telogis to enhance connected vehicle business

Green Car Congress

signed an agreement to purchase Telogis, Inc. to add best-in-class Software-as-a-Service (SaaS) technology and services—specifically in the connected vehicle and mobile enterprise management sectors—as well as expanded distribution relationships to its Verizon Telematics subsidiary. Verizon Communications Inc.

Connect 150
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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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Mercedes-Benz receives world’s first internationally valid system approval for Level 3 conditionally automated driving

Green Car Congress

Mercedes-Benz is the first automotive company to meet the demanding legal requirements of UN-R157 for a Level 3 system for conditionally automated driving. —Markus Schäfer, Member of the Board of Management of Daimler AG and Mercedes-Benz AG, Chief Technology Officer responsible for Development and Purchasing.

Mercedes 397
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Twitter urges shareholders to approve $44bn Musk buyout

Teslarati

. “Today, we filed a definitive proxy statement in connection with the Special Meeting of Stockholders to approve the proposed acquisition of Twitter by affiliates of Elon Musk. The Twitter Board of Directors recommends that stockholders vote in favor of the transaction (“FOR”),” the company wrote in the filing.

Legal 91
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Daimler takes minority stake in Sila Nanotechnologies; next-generation lithium-ion battery materials

Green Car Congress

—Sajjad Khan, Executive Vice President for Connected, Autonomous, Shared & Electric Mobility, Daimler AG. As an integral and important element of Daimler’s electrification strategy, the company is consistently expanding competencies for the technological evaluation of materials and cells as well as research and development activities.

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Kinder Morgan to purchase El Paso for approximately $38B to form largest natural gas pipeline network and largest midstream energy enterprise in North America

Green Car Congress

(KMI) and El Paso Corporation on Sunday announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP in a transaction that will create the largest midstream and the fourth-largest energy company in North America with an enterprise value of approximately $94 billion and 80,000 miles of pipelines. KMP and KMR.

El Paso 225
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Digital Currency and Trade Systems Are Tearing up the Rules

Cars That Think

These platforms—which combine open alliance legal agreements (like Visa or Mastercard's legal agreements), distributed ledger technology (for example, blockchains like IBM's hyperledger ), and end-to-end encryption—can handle not only payments but also finance, trade, tax, and audits in a uniform manner.

Tax 135