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Daimler takes minority stake in Sila Nanotechnologies; next-generation lithium-ion battery materials

Green Car Congress

The investment forms part of Sila Nano’s $170-million Series E financing, which was led by Daimler. With the latest round of financing secured, Sila Nano has begun ramping up production volume and plans to supply its first commercial customers in consumer electronics within the next year.

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Digital Currency and Trade Systems Are Tearing up the Rules

Cars That Think

The next big thing in global commerce is "trust chain" digital platforms. Digital currencies could allow the government to see everything you purchase and constrain what you can and cannot do with your money. To make these trust chains work, data needs to be more accessible and standardized—but it must also be adequately protected.

Tax 145
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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. By 2022, not even California will meet the 10% ZEV requirement.

2014 346
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Rockwood Holdings to acquire Talison Lithium for C$724M

Green Car Congress

per share for an equity purchase price of approximately C$724 million, on a fully diluted basis (US$732 million). Rockwood intends to finance the acquisition using existing cash on its balance sheet and new debt financing. Specialty chemicals and advanced materials company Rockwood Holdings Inc. Earlier post.).

Financing 218
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Top 7 Tips for Buying a Car

Clean Fleet Report

Global car sales increased to approximately 67.2 Making the right choice could have lasting effects on your daily routine, finances and overall quality of life, whether you’re new to car buying or an experienced veteran. New vs. Used The decision between purchasing a new or used car is pivotal in your car-buying journey.

Buy 49
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Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation

Green Car Congress

OBC), to BASF Corporation for the gross purchase price of $58 million in cash before transaction fees, minority participations, and working capital and other adjustments. USO is a global leader in manufacturing flexible, lightweight thin-film photovoltaic products for use in the commercial rooftop and building-integrated markets.

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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.