Available, Financing, Legal and Purchase

A123 Systems receives interim court approval of $50M DIP financing from Wanxiang; responds to objections from Wanxiang, Fisker and others on asset sales process

Green Car Congress

NOVEMBER 6, 2012

announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has granted A123 interim approval to use $50 million of Debtor-in-Possession (DIP) financing, which is being provided by Wanxiang Group Corporation (Wanxiang). The financing supplements the pre-petition $22.5 Li-ion maker A123 Systems, Inc.

Financing

Financing Fisker Sale Delaware

Fisker owners seek justice after being abandoned following bankruptcy

Teslarati

AUGUST 27, 2024

and Berman is attempting to salvage what it can for the 800 Fisker drivers who are still without any clue what to do: “Our legal team is here to see what can be salvaged among this broken trust, and we believe certain Fisker Ocean owners may have rights to recoup some of their tremendous losses.” Owners still have no answers.

Fisker

Fisker Legal Financing Purchase

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

Green Car Congress

APRIL 16, 2019

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.

Lithium Ion

Lithium Ion Li-ion Battery Batteries

Elon Musk, Twitter reach agreement for sale of social media platform

Teslarati

APRIL 25, 2022

The purchase price represents a 38% premium to Twitter’s closing stock price on April 1, 2022 , which was the last trading day before Mr. Musk disclosed his approximately 9% stake in Twitter.” There are no financing conditions to the closing of the transaction. Musk has secured $25.5 Morgan, and Allen & Co.,

For Sale

For Sale Sale Financing Legal

UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

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.

Davis

Davis Plug-in Plug Sale

Avis Budget group to acquire car-sharing company Zipcar in cash deal for approximately $500 million

Green Car Congress

JANUARY 2, 2013

In particular, Avis Budget expects significant cost reductions across the fleet life cycle (from procurement to operations and maintenance to disposition, as well as financing), in addition to savings from eliminating Zipcar’s public-company costs. The companies expect substantial synergies in fleet utilization. Source: Avis Budget.

Companies

Companies 2012 Cars United States

Electric Car Buyer’s Guide: 7 Steps to Find The Best EV for Your Life

EV Life

AUGUST 28, 2020

Most Americans also qualify for EV incentives from $7,500 to $15,000, but there’s a lot of fine print to read across different government websites, and incentives can take up to 12 months to recoup post-purchase. You may be surprised by the number of sedans, SUV/crossovers, and hatchbacks available. Consider leasing vs. financing.

Electric Cars

Electric Cars San Francisco Cars Financing

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

Green Car Congress

JANUARY 8, 2014

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. First, there are more products available for purchase with new entrants ready to boost the market profile.

2014

2014 Global Sale Motorcycles

EU Industry Ministers Call for Harmonized EV Charging and Safety Standards by Mid-2011

Green Car Congress

MAY 26, 2010

The ministers acknowledged that the infrastructure for slow-charging is partly available, but needs to be further developed in areas accessible to the public and also to allow fast-charging, drawing lessons from the pilot projects carried out in this field and fostering their interconnection.

2011

2011 Standards Industry Industrial

Electrification Coalition launches online EV Policy Showroom

Green Car Congress

JANUARY 29, 2021

The Showroom includes the State EV Policy Dashboard; EV Roadmap Roundup; EV Funding and Financing Guide; EV Tools and Calculators Clearinghouse; AchiEVe Toolkit; Freight Electrification Report; and ZEV State Scorecard. The State EV Policy Dashboard displays the status of 10 leading state EV policy strategies, updated monthly.

Financing

Financing Legal Fleet Insight

Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

MARCH 14, 2009

Coordinate with Anti-trust Officials: The government should consider the application of certain provisions of anti-trust regulations and how the automakers and interested parties can openly discuss how best to facilitate consolidation in the industry without fear of government or civil legal action. The Role of Banks. Laura Marcero.

Grant

Grant Supplies Auto Industry Industry

Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

MARCH 22, 2010

Under the cap-and-trade system, industries regulated by it—the largest being power generation, chemicals, steel, and cement—are given limits on their total emissions, and companies can purchase emission reductions from others in lieu of reducing emissions themselves. Validation and Verification. Validation requires additionality.

Carbon

Carbon Climate Change Climate Emissions

EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

MAY 5, 2023

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. Before we get started: This article is for informational purposes only, and is not intended to provide tax or legal advice.

Tax Credit

Tax Credit Tax Dealers Personal

RESPONSE TO: Ministry of Transport’s Charging Our Future: Discussion Document

Drive Electric

MAY 16, 2023

The transition to electric vehicles depends on the availability of renewable electricity and the infrastructure to enable users to charge their vehicles. Analysis should be undertaken on whether we have the right people available in New Zealand to support the electrification of transport. We have more than 70 members from the sector.

Future

Future Charging New Zealand Installation

Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

APRIL 10, 2010

If they don’t have enough allowances to cover their emissions they must purchase more or face a penalty. In the most recent auction, the Market Monitor Report found that 51 bidders competed fairly for the 40 million carbon allowances, and that no one bidder acquired more than 12 percent of the overall pool of available allowances.

Gas

Gas Climate Change Emissions Climate

EV Driven

A123 Systems receives interim court approval of $50M DIP financing from Wanxiang; responds to objections from Wanxiang, Fisker and others on asset sales process

Fisker owners seek justice after being abandoned following bankruptcy

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

Elon Musk, Twitter reach agreement for sale of social media platform

UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Avis Budget group to acquire car-sharing company Zipcar in cash deal for approximately $500 million

Electric Car Buyer’s Guide: 7 Steps to Find The Best EV for Your Life

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

EU Industry Ministers Call for Harmonized EV Charging and Safety Standards by Mid-2011

Electrification Coalition launches online EV Policy Showroom

Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Perspective: The UN Approval Process for Carbon Offsets

EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

RESPONSE TO: Ministry of Transport’s Charging Our Future: Discussion Document

Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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