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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170
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Capgemini and Audi launch XL2 joint venture to support digital transformation of auto industry

Green Car Congress

Following regulatory approvals, the company was founded at the end of April. The company’s goal is to expand its project business gradually and achieve a powerful workforce within the next five years. processes, including production planning, logistics, finance, maintenance, quality and materials management.

Audi 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

—Jürgen Rittersberger, Member of the Board of Management of AUDI AG responsible for Finance, IT and Legal Affairs SAIC and Audi have signed a memorandum of understanding. The recently founded Volkswagen Group China Technology Company (VCTC) is the development partner for XPENG.

Audi 282
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Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation

Green Car Congress

On 13 February ECD sold its majority owned subsidiary, Ovonic Battery Company, Inc. ECD has determined that its current financial position is insufficient to sustain the current operating environment and make the necessary investments for the future of the business, without restructuring through the bankruptcy process. Earlier post.)

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Failure to equalise VAT on public charging a missed opportunity

My Energi

Last week (19 April), the UK Government ruled-out recommendations from the House of Lords Environment and Climate Change Committee to equalise VAT on public charging. [1] Last week (19 April), the UK Government ruled-out recommendations from the House of Lords Environment and Climate Change Committee to equalise VAT on public charging. [1]

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Earth Day 2024: each day is about reducing emissions | Autocar Professional

Baua Electric

Industry belched out smoke and sludge with little fear of legal consequences or bad press. ‘Environment’ was a word that appeared more often in spelling contests than on the evening news. At the time, Americans were slurping leaded fuel through massive V8 sedans. These actions harm nature, and they harm humanity.

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Visteon Files for Chapter 11 Reorganization in United States

Green Car Congress

Visteon is taking this step to maximize the long-term value of the company. During the reorganization period, we will seek to address our capital structure and legacy costs that are not sustainable given the current economic environment. No Visteon subsidiaries or joint ventures outside the US are part of the filing.