Remove Companies Remove Financing Remove Legal Remove Parts
article thumbnail

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. The companies want to push ahead with the development of a hydrogen economy. The companies are convinced that the draft passed by the Federal Cabinet at the beginning of February does not go far enough.

Hydrogen 435
article thumbnail

General Motors to Move from Long-Running Detroit HQ Into a New Location Across Town

The Truth About Cars

The move is scheduled for 2025, but the decision could leave a significant part of the Detroit skyline empty. GM CEO Mary Barra said the automaker would work with developers to find a use for the old buildings but also noted that the company was committed to the Detroit area, calling the new building a “new city landmark.”

article thumbnail

Elon Musk’s deal with Twitter not ‘on hold,’ company won’t renegotiate from $44bn

Teslarati

Elon Musk’s deal with Twitter, which was agreed upon on April 25 for $44 billion, is not on hold and will move forward, company executives told employees on Thursday. However, Twitter executives are having no part of Musk’s controversy. This deal cannot move forward until he does.”

Companies 104
article thumbnail

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

Green Car Congress

(Sila Nano) ( earlier post ) as part of Daimler’s research and development activities in support of electromobility. The investment forms part of Sila Nano’s $170-million Series E financing, which was led by Daimler. The investment forms part of Sila Nano’s $170-million Series E financing, which was led by Daimler.

article thumbnail

X, formerly Twitter, to reorganize trust and safety team

Teslarati

Elon Musk, the owner of X, formerly known as Twitter, as well as CEO Linda Yaccarino, will be jointly overseeing the social media company’s trust and safety team. The changes were announced by the social media company on Monday. These would include human resources, legal, finance, sales, and operations, among others.

Legal 95
article thumbnail

Elon Musk formally moves to terminate Twitter’s $44 billion acquisition

Teslarati

In a letter , Musk’s legal team stated that despite the Tesla CEO’s requests for critical data on the social media platform’s users, Twitter had been uncooperative. Musk had demanded more data from Twitter after the social media company noted in an SEC filing that less than 5% of its users are fake accounts.

Delaware 145
article thumbnail

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. The recently founded Volkswagen Group China Technology Company (VCTC) is the development partner for XPENG.

Audi 282