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Veoneer proprietor launches sale of $500M passive security unit, document says

Baua Electric

The landlord of car generation corporate Veoneer is promoting its passive security trade, in step with nation common with the condition. The asset, which might fetch up to $500 million, would possibly draw passion from personal fairness corporations and firms within the trade, one of the crucial nation stated.

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Albemarle signs exclusivity agreement with Mineral Resources for 50/50 lithium JV in W. Australia; $1.15B deal

Green Car Congress

The proposed JV, which remains subject to negotiation of definitive documents, would combine Albemarle’s lithium production and marketing expertise with Mineral Resources Limited’s (MRL) leading regional presence and mining capabilities. The purchase price for Albemarle’s 50% interest in the JV would be US$1.15

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Go Auto Portions stocks are prepared for his or her worst moment ever

Baua Electric

Securities and Alternate Fee that it might be not able to document its nearest Mode 10-Q on while then dropping “certain accounting personnel.” “The hits keep coming,” Wells Fargo analyst Zachary Fadem stated in a Friday notice. And, even those who stay bullish at the corporate have decreased their income estimates.

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Mercedes-Benz Cars develops blockchain prototype for sustainable supply chains

Green Car Congress

Mercedes-Benz Cars and Icertis, a leading provider of enterprise contract management solutions in the cloud, have developed a blockchain prototype for consistent documentation of contracts in the supply chain. The blockchain prototype opens up completely new ways to make purchasing processes simpler and safer.

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VW’s PowerCo, Stellantis, Glencore again $1B nickel, copper SPAC do business in in Brazil

Baua Electric

LONDON — World miner Glencore, Stellantis and Volkswagen Crew’s battery unit PowerCo have yes to again a $1 billion do business in by means of blank-cheque treasure ACG Acquisition Corporate to shop for two mines in Brazil, ACG stated. ACG has complete self assurance within the mines.

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OAO Novatek signs 15-year LNG supply agreement with CNPC from Yamal

Green Car Congress

OAO Novatek, Russia’s largest independent natural gas producer and its second-largest gas producer, concluded a Heads of Agreement for the supply of liquefied natural gas (LNG) between Yamal LNG and China National Petroleum Corporation (CNPC). Yamal LNG is a joint venture currently owned by OAO Novatek (80%) and Total S.A. (20%).

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A123 Systems meets conditions for release of $30M of restricted cash; new direct offering of stock and warrants for $9M net

Green Car Congress

The company expected that the $30 million will become unrestricted and available for general corporate purposes subject to the delivery of administrative release documentation from the note holders on or about 6 July 2012. million.

Li-ion 225