Green Car Congress

SEPTEMBER 17, 2018

The future procurement joint venture with balanced rights is planned as a small but powerful entity between both parties, leveraging synergies in purchasing. The planned joint venture aims at realizing synergies in global procurement for existing parts as well as parts for new technologies.

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Green Car Congress

JUNE 28, 2023

Jefferies is acting as financial advisor to the Company, and White & Case LLP is acting as legal counsel. The litigation accuses Foxconn of fraud and willful and consistent failure to live up to its commercial and financial commitments to Lordstown. Earlier post.)

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Motor Motors Motoring Ohio 150

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 The parties expect Sinotruk to be a significant purchaser of electric drive trains from the JV for Sinotruk’s commercial vehicles and other customers will be identified for sales as well.

China 150

China Legal Electric Electrical 150

Green Car Congress

JUNE 22, 2016

signed an agreement to purchase Telogis, Inc. Telogis is a global, cloud-based Mobile Enterprise Management (MEM) software company focusing on vehicle telematics. In connection with the transaction, PJT Partners and Wells Fargo Securities, LLC acted as financial advisors and Debevoise & Plimpton acted as legal advisor to Verizon.

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Connect Connected Isuzu Vehicles 150

Green Car Congress

JULY 13, 2015

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. BofA Merrill Lynch acted as financial advisor and Sidley Austin LLP provided legal advice to BorgWarner.

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International Austin Legal United States 150

Green Car Congress

APRIL 16, 2019

Daimler expects electric models to already make up between 15 and 25 percent of Mercedes-Benz Cars total sales by 2025, depending on the framework conditions such as the development of the infrastructure, the individual customer preferences and the further development of the particular market-specific legal situation.

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Lithium Ion Li-ion Batteries Battery 249

Cars That Think

AUGUST 30, 2021

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.

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Tax Singapore Legal Financing 137

Teslarati

JULY 21, 2022

The internal investigation is centered around the executive’s part in a plan to purchase hard-to-get construction materials. Bloomberg noted that the investigation was led by Tesla’s Acting Head of Legal, David Searle. Currently, the global supply chain disruptions have been making this specific glass difficult to secure.

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International Tesla Legal Purchase 91

Green Car Congress

NOVEMBER 24, 2018

The purchase price for Albemarle’s 50% interest in the JV would be US$1.15 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.

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Australia Legal 2018 Commercial 236

Green Car Congress

AUGUST 8, 2016

There are also a multitude of regional, legal and business considerations that make one or the other more attractive. Global Luxury Imports. Wanxiang Group purchased the assets of Fisker Automotive in 2014, choosing the Karma Automotive name for the new company in 2015. Karma Atlanta. Classic Atlanta. Frank Kent Cadillac.

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Karma Dealers Plug-in Atlanta 150

Green Car Congress

JULY 8, 2010

Bosch anticipates that electric and plug-in hybrid vehicles will take almost a 3% share of the global new car market in 2020. However, the company cautions, these figure may vary depending on future legal requirements, rising fuel prices, and progress in battery technology. Source: Bosch. Click to enlarge.

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2020 Global Market Lithium Ion 231

Green Car Congress

AUGUST 28, 2012

per share for an equity purchase price of approximately C$724 million, on a fully diluted basis (US$732 million). This acquisition will enable us to better serve both our existing global customers as well as Talison’s current lithium concentrate customers in China and the rest of the world. Earlier post.).

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Financing Legal Australia 2011 218

Teslarati

JUNE 21, 2021

Tesla battery supplier Contemporary Amperex Technology (CATL), which provides cells for Gigafactory Shanghai’s vehicles, has put its foot down on recent rumors alleging that it is forcing its employees to purchase “defective” Tesla vehicles. The statement was related by the battery maker to the Global Times on Sunday. .

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China Batteries Battery Tesla 98

Green Car Congress

AUGUST 6, 2018

By joining, Daimler AG is expanding its broad commitment to initiatives and is actively promoting greater transparency in global raw material supply chains. The expansion of electromobility places new demands on the automotive industry and especially on purchasing.

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Supplies Future Batteries Battery 170

Teslarati

MARCH 17, 2023

“This makes it clear that LG Chem will not exclude the possibility of legal actions against any third-party infringers.” . “Licensing refers to a contract in which the patent holder agrees to provide the right to use the patent to a third party and receive royalties in return,” LG Chem said.

Lithium Ion 110

Lithium Ion Legal Batteries Battery 110

Green Car Congress

SEPTEMBER 6, 2016

Volkswagen Truck & Bus will purchase from Navistar newly issued common shares representing, pro forma for such issuance, a 16.6% and an aggregate purchase price of approximately $256 million (or approximately €229 million at current exchange rates). stake (19.9% The company’s strategy includes plans to expand into new regions.

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America Davis Purchase Legal 150

Teslarati

OCTOBER 1, 2021

In late August, it announced that its new CEO would be Daniel Ninivaggi , a veteran of both Icahn Automotive Group LLC and Hertz Global Holdings, Inc. SG&A expenditures – $105 to $120 million, up from $95 to $105 million, primarily due to higher legal and professional fees. Lordstown obliged to the subpoenas.

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Ohio Manufacturer Motor Motors 98

Clean Fleet Report

NOVEMBER 19, 2023

Global car sales increased to approximately 67.2 Online resources, like automotive websites, forums and reviews, are excellent sources of valuable information that can guide your purchase. New vs. Used The decision between purchasing a new or used car is pivotal in your car-buying journey. million units sold in 2021.

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Buy Financing Cars Purchase 49

Green Car Congress

SEPTEMBER 5, 2013

These included population size and growth; size and growth of the economy; social and scientific progress indicators; quality and extent of infrastructure; and the political and legal context. —Andreas Schlosser, Ricardo Strategic Consulting managing director for Central Europe. Market Background Other Asia Sales'

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Market Indonesia North America South Africa 210

The Truth About Cars

MARCH 19, 2024

Vision Zero is a globally focused United Nations initiative designed to totally eliminate all traffic accidents by implementing comprehensive changes to the legal framework of traffic laws, the expansion of public transportation, and physically changing roadways to accommodate those modifications. But this is but a singular component.

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Cleveland Neighborhood Automobile New York City 115

Green Car Congress

AUGUST 20, 2013

In a new report , Navigant Research forecasts that vehicles with autonomous driving modes will gradually gain traction in the market over the coming two decades, from about 4% of the global light-duty vehicle market in 2025, rising to roughly 41% in 2030 and 75% by 2035—about 95.4 million units annually by then.

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Sale Vehicles 2020 North America 304

Green Car Congress

JULY 28, 2020

This new strategic direction will be anchored in all divisions—from administration and purchasing to development and production, all the way to sales. The BMW Group has a total purchasing volume of more than €60 billion per year; around two-thirds of this amount is for direct vehicle production. —Oliver Zipse.

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BMW Fully Electric Emissions Climate Change 259

Get Electric Vehicle

JUNE 27, 2023

With the increasing global concern over climate change and the need to transition towards cleaner and more sustainable modes of transportation, countries around the world have been formulating regulations to encourage the adoption of electric vehicles (EVs). Another objective of the rules is to accelerate the adoption of electric vehicles.

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India Electric Vehicles Vehicles Tax 40

EV Connect

OCTOBER 9, 2023

Global EV sales barely nudged 2 million units in 2020 , but could top 73 million by 2040. Cost (and Cost Comparison) A recent study showed 67% of would-be purchasers claim cost is a primary concern. Fleet Charging It’s not just individual drivers who are exploring the tax benefits (and navigating the legal changes) around EV ownership.

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Charging Gasoline-Electric Manufacturer Standards 104

Cars That Think

SEPTEMBER 1, 2021

We, the IEEE Board of Directors, are the fiduciaries responsible for steering the organization toward a sustainable future by adopting sound, ethical, and legal governance and financial management policies, as well as ensuring IEEE has adequate resources to advance its mission and vision. In May we rolled out NextGen Financials.

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Future Insight Legal Conversion 85

Cars That Think

SEPTEMBER 29, 2021

US sanctions targeting China's telecommunications giant Huawei Technologies have crippled the company, effectively forcing it out of the global smartphone market and now threatening its domestic phone business as well. What's at stake is control of international 5G networks, which are expected to transform global communications.

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Chinese Google China Washington 126

Green Car Congress

FEBRUARY 14, 2012

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.

Corporation 210

Corporation Conversion Companies Sale 210

Driivz

FEBRUARY 9, 2021

In addition, with accelerated introduction of bidirectional EV charger technologies, customers will be able to purchase a charger at a reasonable price, install it, and be eligible for payback for feeding electricity into the grid. Going in Two Directions. Bidirectional EV charging is not a matter of if, but rather a matter of when.

Charging 52

Charging Electric Vehicles Future Power 52

Green Car Congress

JULY 31, 2011

Profitability parity is evidenced by the fact that last year earnings-before-income-taxes (EBIT) margins for automakers globally clustered in a tight band ranging from 4.3% This will put unprecedented pressure on all players to pick the right business models, the right legal and capital structures, and the right partners.

Auto Industry 199

Auto Industry Industrial Industry Auto 199

Green Car Congress

DECEMBER 30, 2010

Massachusetts Energy and Environmental Affairs (EEA) Secretary Ian Bowles has set the statewide greenhouse gas (GHG) emissions limit for 2020 required by the Global Warming Solutions Act of 2008 at 25% below 1990 levels, the maximum authorized by the Act, saying that measures already in place will get Massachusetts much of the way toward that goal.

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Massachusetts 2020 Emissions Auto 244

Electric Auto Association

APRIL 9, 2021

Technologies used by automated vehicles Automated vehicles sense their surroundings using technology such as Light Detection and Ranging, radar, Global Positioning Systems, ultrasonic sensors, and cameras. Tesla’s (expected to be autonomous) Full Self Driving (FSD) costs an additional $10,000 over the present vehicle purchase price.

United Kingdom 91

United Kingdom All-Electric Auto Vehicles 91

Green Car Congress

APRIL 1, 2009

The bill also establishes an interagency council to ensure an integrated federal response to adapting to the effects of global warming. Federal Purchases of Renewable Electricity. The draft authorizes federal agencies to enter into long-term contracts to purchase renewable electricity. Manufactured Homes.

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Climate Standards Carbon California 186

Cars That Think

DECEMBER 10, 2022

7 billion In 2021, global sales of thumb drives from all manufacturers surpassed $7 billion, a number that is expected to rise to more than $10 billion by 2028. It was small enough to slip in a front pocket or hang from a keychain, and durable enough to be rattled around in a drawer or tote without damage. Hero or antihero?

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Singapore 2000 Store IDEA 145

Green Car Congress

MAY 17, 2009

The major climate and energy bill introduced last week by House Select Committee on Energy Independence and Global Warming Chairman Henry Waxman and Subcommittee Chairman Edward Markey— H.R. Do not preempt California’s legal authority to adopt and enforce its own mobile source emissions standards. Electric Vehicle Infrastructure.

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Plug-in Plug Standards Auto Industry 150

Wallbox

JUNE 30, 2021

When it comes to smart mobility, a key smart city vertical, Barcelona has long held a global reputation as a leader in this area. Barcelona is a top global performer when it comes to shared and owned electric micro-mobility. Electric Micro-mobility – Shared and Owned.

Taxi 52

Taxi International All-Electric Fleet 52

Green Car Congress

MARCH 6, 2010

If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase the “emission credits” generated by carbon offset projects to help them meet their compliance obligations. A regulated entity may consider purchasing offsets if the offsets are less expensive than making direct, onsite emission reductions.

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Climate Change Climate Emissions 2008 218

Cars That Think

JULY 21, 2021

And in 2005, the Chinese computer maker Lenovo Group purchased IBM's PC business. The purchase price probably would have been around $100 million in 1986, an amount that by 1993 would have yielded a return of $3 billion and in subsequent decades orders of magnitude more. For Lenovo, the deal provided a high-profile partner.

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Personal Market Corporation Dallas 145