Green Car Congress

AUGUST 16, 2012

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.

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Convert Li-ion Financing Massachusetts 231

Green Car Congress

FEBRUARY 20, 2022

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.

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Supplies Tesla Australia Price 243

Green Car Congress

JANUARY 28, 2022

We know from our research that many consumers have concerns during the purchase consideration process with aspects like battery range and vehicle charging. However, once someone has purchased a BEV, they’re pretty much hooked. —Brent Gruber, senior director of global automotive at J.D.

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Power Powered Purchase Tax Credit 259

Green Car Congress

DECEMBER 15, 2021

As part of the MOU, De Havilland Canada will be issued options to purchase 50 ZeroAvia hydrogen-electric engines. These options will be confirmed once a definitive agreement has been completed between De Havilland Canada and ZeroAvia. This program will target the use of ZeroAvia’s 2MW+ powertrain (ZA2000) for Dash 8-400 aircraft.

Canada 397

Canada Hydrogen Engine Alaska 397

Green Car Congress

JANUARY 24, 2013

GM and PSA Peugeot Citroën provided an update on their global strategic alliance, announced in February 2012. Both companies had also signed a definitive agreement related to Purchasing. All relevant regulatory approvals were received in the meantime and the joint purchasing organization (“JPO”) will become operational shortly.

GM 225

GM Global Engine Purchase 225

Green Car Congress

MARCH 28, 2010

Ford Motor Company has entered into a definitive agreement to sell Volvo Car Corporation and related assets to Zhejiang Geely Holding Group Company Limited. The purchase price for Volvo Cars and related assets (primarily intellectual property) is US$1.8 We regard Volvo as a Swedish business with a strong Scandinavian heritage.

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Volvo Ford Cars China 244

Green Car Congress

JULY 25, 2023

The parties have entered into a securities purchase agreement and expect to close on the investment on or about 4 August 2023. For the equity investment, Yulho has agreed to the purchase of approximately 4.5 million shares of common stock at a purchase price of $1.10

South Korea 150

South Korea Batteries Battery Li-ion 150

Green Car Congress

DECEMBER 2, 2021

—Doug Parks, GM executive vice president, Global Product Development, Purchasing and Supply Chain. GM and POSCO Chemical have signed a non-binding term sheet to create the joint venture and expect to execute definitive agreements soon. GM is planning for 1 million annual global EV sales by 2025.

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GM America Building North America 170

Green Car Congress

AUGUST 17, 2023

Occidental announced that a wholly owned subsidiary— 1PointFive —has entered into a definitive purchase agreement to acquire all the outstanding equity of Carbon Engineering Ltd. (CE) CE) for total cash consideration of approximately $1.1

Carbon 150

Carbon Engine Companies Texas 150

Baua Electric

APRIL 24, 2024

They will also require them to reveal all fees before a ticket is purchased. There’s now one definition for a “significant” delay. Until now, airlines have been allowed to set their own definition for a “significant” delay and compensation has varied by carrier. consumer protection regulations.

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Purchase United States New York Standards 52

Green Car Congress

DECEMBER 10, 2021

GM and MP Materials have signed a binding agreement on terms and expect to enter into a definitive supply agreement shortly. —Shilpan Amin, GM vice president, Global Purchasing and Supply Chain. MP Materials produced approximately 15% of the rare earth content consumed in the global market in 2020.

GM 221

GM Supplies North America Fort Worth 221

Green Car Congress

NOVEMBER 5, 2021

The World Economic Forum (WEF), in partnership with US Special Presidential Envoy for Climate John Kerry, has launched the First Movers Coalition—a new platform for companies to make purchasing commitments that create new market demand for low carbon technologies. The remaining sectoral commitments will launch in early 2022.

Boston Consulting Group 186

Boston Consulting Group Carbon Boston Purchase 186

Green Car Congress

APRIL 5, 2023

By 2030, there is expected to be more than 250 gigawatt hours (GWh) of lithium metal battery production capacity globally, the equivalent to what is required to power more than 2.5 million new electric vehicles annually.

Batteries 170

Batteries Battery Production Florida 170

Green Car Congress

JANUARY 6, 2022

In addition, FedEx is working on a plan to add up to 20,000 more in the years to follow, subject to further negotiations and execution of a definitive purchase agreement. This agreement adds to FedEx’s initial reservation of 500 BrightDrop EVs announced last year.

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New York City Fleet New York Miles 435

Green Car Congress

JULY 17, 2020

As part of its mine-to-magnets strategy, earlier this year USA Rare Earth purchased the sintered neo magnet manufacturing equipment formerly owned and operated in North Carolina by Hitachi Metals America, Ltd. Industry sources project the global neo magnet market will expand by nearly 100% to $27.0 Geomega Resources Inc., Earlier post.)

USA 207

USA Production North America North Carolina 207

Green Car Congress

APRIL 28, 2021

Fuel tankering in commercial aviation is the practice of overfueling with less expensive fuel purchased at one airport to avoid purchasing more expensive fuel at another—in other words, flying with extra fuel on board to save money. For the foreseeable future, SAFs are expected to cost substantially more than fossil jet fuel.

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Purchase Fuel Sale Emissions 307

Green Car Congress

DECEMBER 20, 2012

PSA Peugeot Citroën (PSA) and General Motors have signed definitive agreements related to three of initial vehicle projects as well as to the purchasing joint venture as part of the execution of their Global Strategic Alliance. Creation of purchasing joint venture. Further global initiatives. Earlier post.).

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General Motors 2016 Vehicles Motor 218

Green Car Congress

SEPTEMBER 11, 2019

Ipsos, the global research and insights organization, explored consumer thoughts in its third annual Global Mobility Navigator Syndicated Study. Todd Markusic, Vice President, Ipsos Mobility, said the Global Mobility Navigator Syndicated Study uncovered interesting insights on how drivers truly feel about self-driving cars.

Vehicles 191

Vehicles Insight Purchase Global 191

Green Car Congress

NOVEMBER 24, 2018

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

Australia Legal Commercial 2018 236

Green Car Congress

JUNE 11, 2013

has signed a definitive share purchase agreement with its Chinese joint venture partner, Hubei Super Electric Auto Motor Co. In 2004, Remy acquired a 51% ownership of REH as part of Remy’s purchase of Delphi’s light duty alternator business. This is an important milestone within our global strategic plan.

China 210

China 2004 Purchase Light 210

Green Car Congress

FEBRUARY 28, 2019

and HCS Group have entered into a long-term, definitive, binding and bankable renewable isooctane purchase and sale agreement. HCS Group is a leading global provider of solutions for high value specialty hydrocarbons and is active in a broad range of markets, such as automotive, pharmaceutical and agrochemicals.

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Renewable Supplies Minnesota Carbon 170

Green Car Congress

SEPTEMBER 10, 2009

Several key issues will be finalized over the next few weeks to secure the binding agreements, including the written support of the labor unions to support the deal with the necessary cost restructuring for viability and the finalization of a definitive financing package from the German government.

GM 170

GM International Global Parts 170

Green Car Congress

JUNE 2, 2010

Progress Rail Services, a wholly-owned subsidiary of Caterpillar, has signed a definitive agreement to purchase Electro-Motive Diesel (EMD) for $820 million in cash from Berkshire Partners LLC and Greenbriar Equity Group LLC. Upon completion of the transaction, EMD will become a wholly-owned subsidiary of Progress Rail.

Diesel 186

Diesel Global Manufacturer North America 186

Green Car Congress

AUGUST 28, 2017

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

China Legal Electric Electrical 150

Green Car Congress

AUGUST 22, 2009

Anger, frustration, greed, lack of trust are a few of the many sentiments expressed by consumers and future car buyers globally, according to a recent “Tipping Point” study by Synovate Motoresearch, the automotive division of global market research company Synovate.

Future 218

Future Global South Africa UAE 218

Green Car Congress

OCTOBER 28, 2021

The ability to collaborate with a global leader in lithium-ion cell production is key to our go-to-market strategy and meeting anticipated demand. The partnership with SK Innovation is designed to validate that Solid Power’s all-solid-state production processes are scalable and compatible with existing lithium-ion production technology.

Lithium Ion 243

Lithium Ion Power Powered Batteries 243

Green Car Congress

JULY 13, 2015

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.

International 150

International Austin Legal United States 150

Green Car Congress

JUNE 19, 2013

TransFerm Yield+ is a drop-in substitute for conventional fermenting yeast that lowers costs and improves efficiencies for corn ethanol producers by improving ethanol yield from corn and alleviating the need to purchase a significant amount of the expensive glucoamylase enzymes.

Commercial 186

Commercial Conversion Corporation Purchase 186

Teslarati

NOVEMBER 8, 2022

Tesla China definitely seems serious about hitting new sales records this fourth quarter. In what appears to be the company’s latest effort to boost its sales this Q4, Tesla China has rolled out additional discounts for consumers who are purchasing inventory vehicles.

China 96

China Tesla Vehicles Purchase 96

Teslarati

MAY 13, 2023

Musk has led Tesla to become one of the most disruptive companies in recent memory, and with his guidance, the automaker has surged to become the most valuable globally. However, his purchase of social media platform Twitter last year definitely brought up some concern among shareholders.

Tesla 144

Tesla Price Purchase Companies 144

Green Car Congress

APRIL 3, 2014

a leading global provider of 3D printing and additive manufacturing solutions, has entered into definitive agreements to acquire two privately-held companies, Solid Concepts Inc. Stratasys Ltd., and Harvest Technologies, both leading providers of additive manufacturing services.

Concept 218

Concept Companies North America Manufacturer 218

Green Car Congress

JANUARY 3, 2017

Intel will purchase a 15% ownership stake in HERE, a global provider of high-definition digital maps and location-based services, from HERE’s current indirect shareholders: Audi AG, BMW AG and Daimler AG. —Brian Krzanich, Intel CEO.

Companies 150

Companies Vehicles Connect Connected 150

Green Car Congress

JUNE 29, 2016

announced the signing of a definitive stock issuance and purchase agreement with American Compass, Inc., The Agreement calls for HKG, through its wholly-owned subsidiary, to purchase newly issued UQM common shares that will represent 58% of UQM, and 54% on a fully-diluted basis. The purchase price is $0.72

North America 150

North America Purchase Colorado China 150

Green Car Congress

AUGUST 28, 2012

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.).

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Financing Legal Australia 2011 218

Green Car Congress

SEPTEMBER 22, 2017

opens up five additional core capabilities which include obstacle perception; planning; cloud simulation; High-Definition (HD) maps; and End-to-End deep learning, providing more comprehensive solutions to developers and ecosystem partners to accelerate the deployment of autonomous driving. The company also announced a 10 billion RMB ($1.5

Global 150

Global Hyundai China Chinese 150

Green Car Congress

JANUARY 14, 2020

The definition includes plug-in hybrids. Any incentive offered under this program would take the form of a one-time payment to the purchaser or lessee of an eligible vehicle. The Board of Public Utilities (BPU) would implement this incentive program and provide at least $30 million in disbursements under the program each year.

New Jersey 170

New Jersey Plug-in Plug Vehicles 170

Green Car Congress

OCTOBER 27, 2016

The boards of directors of both companies unanimously approved the definitive agreement. NXP has a broad customer base, serving more than 25,000 customers through its direct sales channel and global network of distribution channel partners. Mobile: A leader in mobile SoCs, 3G/4G modems and security. per share in cash.

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Engine Connect Connected Financing 150