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Law firm Akerman launches EV infrastructure-oriented legal team – Charged EVs

Baua Electric

One of these new units is the Electric Vehicle Infrastructure Team, which “provides its clients, including businesses, municipalities and universities, with the diverse legal services needed to further the transportation transformation for automated, connected and electric vehicles.”

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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

The bipolar structure simplifies internal battery connections to reduce internal resistance and improve round-trip efficiency. Domestic production better positions Eos to access the 45X advanced manufacturing direct pay tax credits available under the IRA.

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GM plans to cut spending on Cruise in half this year

Teslarati

billion before taxes from Cruise, spending about $1.9 The legal firm shared its results from the investigation last week, noting that internet connectivity may have hampered Cruise’s ability to transmit video to regulators. billion in cash during the same year.

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New tax rule could save consumers thousands on home energy tech

My Energi

In addition, it will help to further accelerate the government’s legally-binding commitment to reach net zero by 2050 – a good move all round. The move essentially means that investing in next-generation solutions to improve energy efficiency and reduce energy bills will be easier and more cost-effective than ever before for UK households.

Energy 52
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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.

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Ola, Uber roll out subscription-based plans for auto drivers – ET Auto

Baua Electric

The move to launch subscription-based plans – where the platforms charge a fixed daily or weekly fee to driver partners on their platforms for an unlimited number of rides – could help Ola and Uber potentially bypass the 5% goods and services tax (GST) applicable on auto-rickshaw rides facilitated by them, people aware of the developments told ET.

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Delphi to spin off powertrain segment as new independent company

Green Car Congress

Delphi Automotive PLC intends to execute a tax-free spin-off of its Powertrain Systems segment into a new, independent publicly traded company (“Powertrain”). and Barclays are serving as financial advisors and Latham & Watkins LLP is serving as legal advisor to Delphi Automotive PLC. Goldman, Sachs & Co.

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