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Capgemini and Audi launch XL2 joint venture to support digital transformation of auto industry

Green Car Congress

processes, including production planning, logistics, finance, maintenance, quality and materials management. Projects of the legally independent entity are to be carried out for Audi. The company’s goal is to expand its project business gradually and achieve a powerful workforce within the next five years.

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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.

Tax 139
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FCA US reaches settlements on diesel emissions at estimated cost of $800M

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liter EcoDiesel V-6 engines. In addition, FCA US will pay $19 million to the State of California for emissions mitigation initiatives, while also financing the upgrade of 200,000 high-efficiency catalytic converters through the aftermarket. million to various other state attorneys general for environmental and consumer claims. $6

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Sophia Muirhead Is IEEE’s Next Executive Director

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During that time, she improved the company’s standards, finance, and publishing protocols; oversaw the evolution of the organization’s contracting process; and deftly navigated export controls, sanctions, and other compliance regulations. She is set to start her new job on 1 January, succeeding Stephen Welby.

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Volkswagen Group investing $700M in XPENG for 5% stake, VW EV development; Audi jointly developing EVs with SAIC

Green Car Congress

We will share Smart EV technologies and world-class design and engineering capability with each other and learn from each other. —Jürgen Rittersberger, Member of the Board of Management of AUDI AG responsible for Finance, IT and Legal Affairs SAIC and Audi have signed a memorandum of understanding.

Audi 282
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Valeo acquires electric supercharger business from Controlled Power

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Highly efficient at low engine revolutions, electric superchargers make it possible to downsize engines. 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
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Velocys in strategic alliance with Morimatsu for modular, lower cost GTL and BTL plants

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Morimatsu will be Velocys’ preferred supplier of module engineering and fabrication services for the plants. Velocys expects the terms of the MOU to be reflected in legally binding documentation within the next few months.

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