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A123 Systems and Wanxiang execute definitive agreements for investment of up to $465M in A123

Green Car Congress

US-based Li-ion battery manufacturer A123 Systems announced the execution of definitive agreements with China’s Wanxiang Group Corporation, which follows the non-binding memorandum of understanding (MOU) that A123 signed with Wanxiang on 8 August 2012. Earlier post.) — David Vieau, CEO of A123.

Convert 231
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Omnitek Engineering completes $5M placement; financing to facilitate diesel to natural gas truck engine conversion sales

Green Car Congress

Omnitek Engineering Corporation, a developer of natural gas engines and diesel-to-natural gas conversion systems, has entered into a definitive agreement with investors for a private placement of common stock and warrants to raise approximately $5.0 acted as the sole placement agent in connection with the transaction.

Financing 236
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J.D. Power study finds ACEN technology woes affecting vehicle reliability for consumers

Green Car Congress

Among owners who experienced a Bluetooth pairing/connectivity problem, 53% said the vehicle didn’t find/recognize their mobile phone/device. The problems most often reported by owners are Bluetooth pairing/connectivity and built-in voice recognition systems misinterpreting commands. Highest-ranked nameplates and models.

Buick 150
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A123 Systems in non-binding MoU with Wanxiang for strategic investment of up to $450M; Wanxiang would own up to 80% of A123 common stock

Green Car Congress

A123 Systems, a developer and manufacturer of advanced lithium-iron phosphate batteries and systems, signed a non-binding memorandum of understanding (MOU) with Wanxiang Group Corporation establishing the framework for a strategic investment through which Wanxiang would invest up to $450 million in A123. million (a decrease of 53% from $36.4

2012 273
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US DOE Awards $37 Million for Marine and Hydrokinetic Energy Technology Development

Green Car Congress

Selected projects include: Discovery, Concept Definition, and Early Stage Development. The goal is to develop an optimal generator for current energy conversion. This research into underwater coatings that prevent biofouling has the potential to positively impact all MHK systems and improve the conversion efficiency for MHK systems.

Mariner 210
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TeraWatt Infrastructure aims to address the massive energy capacity needs of EV fleet charging depots

Charged EVs

What we’re talking about at TeraWatt is having dozens of chargers in one location, dozens of vehicles charging simultaneously, which requires more than just a simple grid connection. We really changed the way corporations were buying energy, focusing on clean energy. Neha Palmer: Absolutely.

Fleet 72
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IBM’s Fall From World Dominance

Cars That Think

He was therefore perfectly positioned to be the author of the definitive corporate history of the company he used to work for, in a book entitled IBM: The Rise and Fall and Reinvention of a Global Icon , which was published in 2019 by MIT Press. Just how revolutionary was that for IBM? And then convince everybody they did it.

Personal 135