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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.

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Audi increases upfront expenditure for electric mobility; €12B by 2024

Green Car Congress

Furthermore, measures taken in the context of Audi.Zukunft are to free up approximately €6 billion for future investments by 2029. —Alexander Seitz, Board of Management Member for Finance, China and Legal Affairs at Audi AG. “. The cross-brand architectures will enable high Group synergies to be utilized in the future.

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Valeo acquires electric supercharger business from Controlled Power

Green Car Congress

Our automotive customers wanted clarity about future plans for the VTES product and a sale to Valeo was the best solution to enable our VTES technology to reach its full potential. CPT was advised on the transaction by Turquoise International (corporate finance) and Matthew Arnold Baldwin (legal & tax).

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ASML’s threat to leave uncovers deeper concerns in Netherlands Inc – ET Auto

Baua Electric

Such policies may appeal to voters, but ASML and other tech firms that depend on foreign staff argue that they undermine the country’s future prosperity. ” Chip equipment supplier ASM International recently expanded in the U.S. “You’d need two hands to count them.”

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

According to the study, historically, approximately one of every five vehicles sold is financed by home-value appreciation, a ratio that’s likely to decrease with the continuing stagnancy in home values. House appreciation historically has been used to finance the purchase of a new vehicle about 20% of the time. million in 2006.

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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Big Data Could Accelerate Drug Approvals

Cars That Think

It’s the application of some of those advanced analytic techniques that we have seen used in other industries, such as finance, that we are looking to bring to the quality-assurance space,” Ménard says. Faster resolution to issues There are two pain points that data analytics can solve, he says. An overview of the findings is now available.