Green Car Congress

JUNE 28, 2023

Under the partnership, Lordstown agreed to divest its most valuable assets to Foxconn, namely its Lordstown, Ohio manufacturing facility—one of the largest in North America—along with its manufacturing and operational employees. Earlier post.) Earlier post.)

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Motor Motors Motoring Ohio 150

Green Car Congress

MARCH 25, 2021

In this context, the purchasing incentives of individual states are highlighted as well as potential changes to the legal regulations that will make it more difficult for OEMs to comply with them in the future. Increased sales volumes in Europe are to a large extent due to the purchase incentives contained in stimulus packages.

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Stimulus Package Stimulus South Korea France 259

Teslarati

OCTOBER 1, 2021

Lordstown Motors, an electric vehicle startup based in Ohio, has announced that it has agreed in principle to work jointly on electric vehicle programs with iPhone manufacturer Hon Hai Technology Group, more commonly known as Foxconn. where he served as Director. Don’t hesitate to contact us with tips!

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Ohio Manufacturer Motor Motors 85

Green Car Congress

OCTOBER 29, 2013

The agreement has no legal effect and imposes no legally binding obligation. Taking actions to expand the use of zero-emission vehicles, aiming for 10% of new public and private vehicle purchases by 2016. The Pacific Coast already has the highest penetration of electric cars in North America.

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Purchase Oregon 2016 Washington 220

The Truth About Cars

OCTOBER 18, 2023

Bankruptcy Court to sell its remaining manufacturing assets to a company owned by its founder and former CEO Stephen Burns for roughly $10 million. LAS Capital, owned by Stephen Burns, will reportedly receive Lordstown's intellectual property, business data, and any machinery used for manufacturing.

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Buy Companies Ohio General Motors 112

Green Car Congress

AUGUST 18, 2009

confirmed it has signed a stock purchase agreement with Koenigsegg Group AB regarding the sale of 100% of the shares of Saab Automobile AB. Saab Automobile plans to exit legal reorganization shortly. The stock purchase agreement will be subject to agreed closing conditions. Tags: Vehicle Manufacturers. General Motors Co.

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Purchase GM Sale General Motors 170

Green Car Congress

JULY 20, 2021

In a follow-up report on 15 July, WHYY’s Ryan Briggs wrote that: Externally, SEPTA has said little about the failed battery bus program or its progress in restoring the buses to service, insisting that it is working on a “resolution” with the bus manufacturer. Proterra maintains that SEPTA’s fleet will be put back into service eventually.

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Fleet Albuquerque Federal Grant Indianapolis 379

Green Car Congress

MARCH 4, 2022

Australia-based Core Lithium has entered into a legally binding Term Sheet with Tesla for the supply of up to 110,000 tonnes of Li 2 O spodumene concentrate from the Finniss Lithium Project over a term of 4 years, with pricing referenced to the market price for spodumene concentrate, subject to a price floor and ceiling.

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Supplies C1 Tesla Australia 195

Green Car Congress

FEBRUARY 20, 2022

Australia-based battery materials company Liontown Resources Limited entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate. spodumene concentrate 6%) production capacity of ~500 ktpa.

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Supplies Tesla Australia Price 243

Teslarati

FEBRUARY 15, 2022

. “Australian-based battery materials company Liontown Resources Limited (ASX: LTR) is pleased to announce that it has entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate,” announced the Australian company.

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Supplies Tesla Purchase Legal 98

Green Car Congress

AUGUST 28, 2017

UQM Technologies has entered into a definitive stock purchase agreement with China National Heavy Duty Truck Group Co., through its wholly owned subsidiary, Sinotruk (BVI) Limited (collectively, CNHTC”, the parent company of Sinotruk, a leading Chinese commercial vehicle manufacturer. The purchase price is $0.95

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China Legal Electric Electrical 150

Green Car Congress

JUNE 22, 2016

signed an agreement to purchase Telogis, Inc. Telogis also builds its technologies into vehicles and equipment from leading manufacturers including Ford, GM, Hino, Isuzu, Mack, Volvo and Manitowoc Cranes, eliminating the need for hardware installations. Verizon Communications Inc. Barclays and J.P.

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Connect Connected Isuzu Vehicles 150

Green Car Congress

JUNE 2, 2009

Based in the Chinese province of Sichuan, Tengzhong is a privately-owned company and a leading domestic manufacturer of road, construction and energy industry equipment. Credit Suisse is acting as exclusive financial advisor and Shearman & Stearling is acting as international legal counsel to Tengzhong on this transaction.

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Hummer GM Purchase Dealers 207

Green Car Congress

AUGUST 1, 2016

Tesla and SolarCity reached agreement for the automaker’s purchase of the solar company in an all-stock deal valued at $2.6 After due diligence in consultation with independent financial and legal advisors, the independent members of the Tesla and SolarCity boards of directors approved the transaction. Earlier post.)

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Legal Tesla 2016 Solar 150

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. For this purpose, investment banks and legal advisors will be mandated in a timely manner. Joining their forces will strengthen their innovation power, the partners said.

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Legal Hybrid Japan 2019 249

Green Car Congress

FEBRUARY 3, 2022

The frame agreements will form the legal basis for the supply of the facility with cathode active material, anode active material, separators, electrolyte, Al-foil, Cu-foil, and insulation material, comprising more than 90% of the material required on both a value and volume basis.

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Batteries Battery Norway Supplies 243

Green Car Congress

MARCH 2, 2017

The RMS reorder is consists of nine Extended Duty (160 kWh) trucks, each with galvanized frames but built to three different configurations: new, on-road (DOT compliant), with standard onboard charging; re-manufactured (aka re-powered), off-road, with offboard fast charging; and re-manufactured, off-road, with standard onboard charging.

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Chicago Re-Charge Maintenance Fleet 150

Green Car Congress

NOVEMBER 30, 2015

UK-based Emissions Analytics, a specialist in real-world, on-road vehicle emissions measurement and analysis, plans to launch a new initiative in 2016 to help consumers, policy makers and vehicle manufacturers better understand the real-world emissions of NO x from new cars.

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Emissions London Legal Cars 150

Teslarati

JULY 15, 2021

The purpose is to make the public aware of the “insider’s various transactions in company securities, including the amount purchased or sold and the price per share,” the SEC writes. Previously, he was the Vice President and Corporate Controller for SolarCity, the solar panel manufacturer that Tesla absorbed in 2016 for $2.6

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India Delaware Tesla Legal 132

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

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 Commercial 2018 236

Green Car Congress

OCTOBER 12, 2014

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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Davis Plug-in Plug Sale 290

Teslarati

MAY 25, 2022

FCA was accused of evading emissions requirements on over 100,000 Ram pickup trucks and Jeep-brand SUVs manufactured between 2014 and 2016 and ultimately decided to plead guilty to the charges. Just days before the announcement, the EPA ordered the recall of affected vehicles manufactured between 2009 and 2015. billion to car buyers.

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Chrysler Emissions Pollution Jeep 73

Blink Charging

FEBRUARY 23, 2023

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. It covers qualifying vehicles purchased from 2022 to 2032. First, the easy part: How do I claim the $7,500 EV tax credit?

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Tax Credit Tax Electric Vehicles North America 72

Teslarati

MARCH 17, 2023

Amid growing demand for electric vehicles, battery makers are primed to benefit the most due to EV manufacturers’ need for cells. “This makes it clear that LG Chem will not exclude the possibility of legal actions against any third-party infringers.”

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Lithium Ion Legal Batteries Battery 89

Green Car Congress

AUGUST 26, 2022

It does not impact existing vehicles on the road today, which will still be legal to own and drive. They include: Clean Cars 4 All provides up to $9,500 to low-income drivers who scrap their older vehicles and want to purchase something that runs cleaner.

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PHEV Emissions California Cleaner 195

Cars That Think

NOVEMBER 18, 2021

Meanwhile, the third entity, Toshiba, will become a holding company, retaining its shares in Kioxia Holdings (previously Toshiba Memory) and Toshiba Tec, a manufacturer of office equipment such as digital copiers and printers, and business machines like POS terminals and electronic cash registers.

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Corporation Legal United States Companies 94

EV Connect

OCTOBER 9, 2023

For now, the burden is on EV manufacturers to sell that vision, but just as important is the supporting infrastructure. To reach that demographic, EV manufacturers have to show that electric vehicles are a better alternative in terms of cost and performance. Drivers want a safe, affordable and comfortable way to get from A to B.

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Charging Gasoline-Electric Manufacturer Standards 104

Green Car Congress

DECEMBER 27, 2012

The amount consumers receive depends on the model and year of their Toyota, and the state in which the car was purchased. However, we concluded that turning the page on this legacy legal issue through the positive steps we are taking is in the best interests of the company, our employees, our dealers and, most of all, our customers.

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Toyota Legal 2010 North America 231

Teslarati

AUGUST 3, 2021

Trevor Milton’s legal team releases statement after Nikola founder indicted for fraud. While Milton is currently free on bail and will await trial in Manhattan, New York, Nikola moves on without its founder, aiming to bring production-ready vehicles to the market after several years of shortcomings and not-so-honest updates.

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Production Arizona Indiana Germany 94

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

Green Car Congress

SEPTEMBER 26, 2015

A low emission bus is defined as any transit bus that is powered by an engine that produces lower non-methane hydrocarbons (NMHC) and NO x than are legally permitted under EPA’s engine standards. Transit agencies may also use a portion of their annual FTA formula funds to purchase additional vehicles. Of the $22.5

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Emissions Grant 2015 Fuel Economy 150

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% Closing is expected to be completed in late 2016 or early 2017.

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America Davis Legal Purchase 150

Teslarati

APRIL 16, 2022

The Cybertruck, with its mass appeal and loyal following, would likely do well in a “backpack” version, and it would be a dream for Riz, who purchased his first Tesla in March 2016. “I thought it best to rework the site and get my manufacturer setup properly and then relaunch.”. “Tesla never contacted me.”

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Tesla IDEA 2019 Design 100

Green Car Congress

AUGUST 6, 2018

The expansion of electromobility places new demands on the automotive industry and especially on purchasing. —Sabine Angermann, Head of Purchasing and Supplier Quality for Raw Materials and Strategy at Mercedes-Benz Cars. In this way we can contribute to long-term improvements for the people affected.

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Supplies Future Batteries Battery 170

Green Car Congress

OCTOBER 9, 2009

Tengzhong intends to purchase HUMMER through an investment entity, in which it will hold an 80% stake. Under the terms of the definitive agreement, the buyer will acquire the ownership of the HUMMER brand, trademark and tradenames, as well as specific IP license rights necessary for the manufacture of HUMMER vehicles.

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Hummer General Motors For Sale Motor 210

DIY Electric Car

JULY 11, 2017

Also, it raises awareness not only to manufacturers but also consumers that we don�t need to be dependent on petrol for our transportation. This trend has been able to make manufacturers look good as well. Well, let�s just say that it is also a good idea to honor those cars that the average Joe could actually purchase.

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Electric Cars Cars Electric Electrical 140