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Solid-state battery company Quantumscape to list on NYSE; $3.3B valuation

Green Car Congress

a special purpose acquisition company (SPAC), announced a definitive agreement for a business combination that would result in QuantumScape becoming a publicly listed company. Transaction overview. The business combination values QuantumScape at an implied $3.3 billion pro forma enterprise value.

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Fisker and Magna enter into definitive agreements for production of Fisker Ocean EV

Green Car Congress

has entered into definitive “operational phase” platform-sharing and initial manufacturing agreements with Magna International Inc., Further, as a digital car company we are creating smarter methodologies in digital and master data management (MDM) that enable smart platform sharing across different vehicle models. Fisker Inc.

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TRI-AD, Maxar Technologies, NTT DATA collaborate to build high-definition maps for autonomous vehicles from space

Green Car Congress

(TRI-AD), Toyota’s automated driving software development company; Maxar Technologies Inc., Example of high definition map for automated driving from satellite imagery. In this proof of concept, the three companies will work together to process satellite imagery into vehicle-friendly HD maps.

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ExxonMobil to acquire CCS solutions company Denbury for $4.9B

Green Car Congress

Exxon Mobil has entered into a definitive agreement to acquire Denbury Inc., The boards of directors of both companies have unanimously approved the transaction, which is subject to customary regulatory reviews and approvals. an experienced developer of carbon capture, utilization and storage (CCS) solutions and enhanced oil recovery.

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Harley-Davidson to spin-out LiveWire electric motorcycle division as public company via SPAC; $545M in proceeds

Green Car Congress

ABIC), a special purpose acquisition company (SPAC), have entered into a definitive business combination agreement under which ABIC will combine with LiveWire, Harley-Davidson’s electric motorcycle division ( earlier post ), to create a new publicly traded company. Harley-Davidson and AEA-Bridges Impact Corp. billion at closing.

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Renault and Nissan conclude definitive agreements, Nissan invests 600 mln euros in Ampere

EV Specifications

Today, the two companies concluded the definitive agreements achieved back then. Back in January, it was announced that Nissan will invest in Renault's Ampere. As part of this cooperation, Nissan has confirmed its intention to become a strategic investor in Ampere, Renault Group’s new EV and software entity in Europe.

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Lightning eMotors delivers first all-electric motorcoach to ABC Companies; order for 200 ZEVs

Green Car Congress

Lightning eMotors, a leading provider of commercial electric vehicles for fleets, announced a $45-million order for its zero-emission powertrain systems from Faribault, Minnesota-based motorcoach supplier ABC Companies. —Roman Cornell, president and chief commercial officer of ABC Companies. —Roman Cornell.