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Nikola announces $200M convertible senior notes investment; approx. $1B cash and liquidity position

Green Car Congress

Nikola Corporation announced that an institutional investor has agreed to make a $200-million investment in Nikola through the purchase of Convertible Senior Notes. Funds advised by Antara Capital LP have agreed to purchase $200 million aggregate amount of 8.00% / 11.00% Convertible Senior Notes due 2026. —Nikola CFO Kim Brady.

Convert 186
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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

North America, Europe, and Asia Pacific will continue to drive PEV sales, as the technology will have only limited availability in the emerging markets of Latin America and Africa. The requirement has been extended through 2025; however, the mandated sales levels are not likely to be met, Navigant notes. Electric motorcycles breakout.

2014 346
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Total to acquire Engie’s upstream LNG business, becoming 2nd largest global LNG player

Green Car Congress

This portfolio includes participating interests in liquefaction plants, notably the interest in the Cameron LNG project in the US, long-term LNG sales and purchase agreements, an LNG tanker fleet as well as access to regasification capacities in Europe. —Patrick Pouyanné, Chairman & CEO of Total.

Global 150
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California Governor’s Office releases 2013 ZEV action plan; 1.5M ZEVs on CA roadways by 2025

Green Car Congress

For the purposes of the executive order and action plan, ZEVs include hydrogen fuel cell electric vehicles (FCEVs), battery electric vehicles (BEVs), and plug-in hybrid electric vehicles (PHEVs). The Executive Order also directs state government to begin purchasing ZEVs. Streamline permitting of hydrogen stations.

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California ARB approves ACC II rule; 100% of LDVs to be PHEVS, ZEV by 2035; LEV IV emissions requirements

Green Car Congress

Many states and nations have set targets and goals to phase out the sale of internal combustion cars. California’s is the most aggressive regulation to establish a definitive mechanism to meet required zero-emission vehicle (ZEV) sales that ramp up year over year, culminating in 100% ZEV sales in 2035.

PHEV 195
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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

If you’ve been wondering how all these purchase incentives work, Blink has you covered. If the vehicle was purchased for business use: Report the credit on Form 3800 , the General Business Credit. Fuel cell electric vehicles (FCEVs) These vehicles use a fuel cell (usually hydrogen gas) to power an electric motor.

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BMW Group makes sustainability and efficient resource management central to its strategic direction

Green Car Congress

This new strategic direction will be anchored in all divisions—from administration and purchasing to development and production, all the way to sales. The use of green hydrogen can also play an important part in energy generation at suitable BMW Group locations. We are taking sustainability to the next level.

BMW 259