Remove Definition Remove Global Remove Legal Remove Purchase
article thumbnail

Liontown and Tesla enter into a binding term sheet for supply of lithium from Kathleen Valley project

Green Car Congress

Australia-based battery materials company Liontown Resources Limited entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate. spodumene concentrate 6%) production capacity of ~500 ktpa. spodumene concentrate expanding to ~700 ktpa.

Supplies 243
article thumbnail

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

Australia 236
article thumbnail

CNHTC acquiring 34% of UQM stock; forming new JV for electric propulsion systems in China

Green Car Congress

UQM Technologies has entered into a definitive stock purchase agreement with China National Heavy Duty Truck Group Co., The purchase price is $0.95 After a long and thorough process to find the right strategic partner to enter the China market and expand globally, we are thrilled to be joining forces with CNHTC.

China 150
article thumbnail

BorgWarner to acquire Remy International

Green Car Congress

BorgWarner has entered into a definitive agreement to acquire Remy International, Inc., a global market leading producer of rotating electrical components. With key technologies and operations in ten countries on five different continents, Remy is strongly positioned to benefit from global growth.

article thumbnail

Rockwood Holdings to acquire Talison Lithium for C$724M

Green Car Congress

has entered into a definitive agreement with Talison Lithium Limited to acquire all of the outstanding shares of Talison in an all-cash transaction for C$6.50 per share for an equity purchase price of approximately C$724 million, on a fully diluted basis (US$732 million). Earlier post.).

Financing 218
article thumbnail

How Police Exploited the Capitol Riot’s Digital Records

Cars That Think

IEEE Spectrum analyzed hundreds of criminal complaints and other legal filings from the Capitol attacks to understand that reach and scale, and to consider the legal and social consequences of the government’s power to delve into its citizens’ digital lives. “The FBI did not use anything new. They just used it at a much larger scale.”

Google 145
article thumbnail

Pike forecasts NEV market to remain small, although with double the growth rate of light-duty vehicles to 2017

Green Car Congress

The total number of neighborhood electric vehicles (NEVs)—low-speed street-legal electric vehicles—on the world’s roadways will grow from 479,000 in 2011 to 695,000 by 2017, a 45% increase, according to a new forecast by Pike Research. The fleet market makes up about 70% of the global NEV marketplace, Pike says.

2017 230