Remove Corporation Remove Financing Remove Legal Remove Vehicles
article thumbnail

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
article thumbnail

US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

Green Car Congress

The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.

article thumbnail

Tesla boosts its legal team by hiring top securities lawyer

Teslarati

Tesla’s legal team received a boost last month, with the company hiring Derek Windham, a top securities lawyer, as its senior director and deputy general counsel for corporate and securities. As per Windham’s LinkedIn page , he joined the Texas-based electric vehicle maker last month. HP) for seven years.

Legal 98
article thumbnail

Porsche expanding open source software initiative; FOSS

Green Car Congress

In addition to the Open Source Office, employees from the vehicle development, corporate IT and legal departments, as well as Porsche Digital, were involved in the development of the FOSS Movement. Over the past two years, we’ve made remarkable strides and firmly anchored the use of open source within the company.

Porsche 150
article thumbnail

SEC charges Volkswagen AG, former CEO Winterkorn with defrauding bond investors during emissions fraud

Green Car Congress

The US Securities and Exchange Commission charged Volkswagen AG, two of its subsidiaries, and its former CEO, Martin Winterkorn, for defrauding US investors, raising billions of dollars through the corporate bond and fixed income markets while making a series of deceptive claims about the environmental impact of the company’s “clean diesel” fleet.

Emissions 191
article thumbnail

Valeo acquires electric supercharger business from Controlled Power

Green Car Congress

version of the vehicle but with fuel economy and CO 2 emissions approaching those of a Prius. CPT was advised on the transaction by Turquoise International (corporate finance) and Matthew Arnold Baldwin (legal & tax). HyBoost shows comparable performance to the conventional 2.0L Earlier post.).

Power 326
article thumbnail

Bank of America joins Stanford’s Global Climate & Energy Project

Green Car Congress

The GCEP collaboration expects to benefit from the bank’s expertise in financing sustainable businesses dedicated to addressing climate change and advancing low-carbon solutions. Bank of America’s member on the GCEP management committee will be James Mahoney, the bank’s corporate communications and public policy executive.

Climate 218