Green Car Congress

JULY 26, 2018

The Board of Management and Supervisory Board of Daimler AG has approved a new corporate structure for Daimler AG. The new structure comprises three legally independent entities—Mercedes-Benz AG, Daimler Truck AG and Daimler Mobility AG—under the umbrella of Daimler AG.

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Corporation 2019 Future Legal 150

Baua Electric

OCTOBER 21, 2024

As Europe pushes to phase out fossil fuels, a new study finds that, ironically, the EU is pouring billions of dollars a year into subsidizing ICE company cars – to the tune of $42 billion ($45.60 How is this even legal? In Europe, company cars comprise around 60% of new car sales. billion) a year. billion) a year.

Companies 52

Companies Spain Cars Tax 52

Baua Electric

JANUARY 5, 2024

Minda Corporation and Pricol Ltd. “The communication sent by CCI has provided our company with an opportunity to represent our views on the matter,” Minda Corporation stated in a regulatory filing. stakes worth Rs 400 crore in rival Pricol Ltd. . stakes worth Rs 400 crore in rival Pricol Ltd.

Corporation 52

Corporation India Legal 2000 52

Teslarati

AUGUST 17, 2022

Tesla confirmed that its Head of Legal, David Searle, has not left his position less than a month ago. Searle is still with the company. Tesla’s Legal Department has been increasing its employees. Earlier this month the company hired Derek Windham as its senior director and deputy general counsel for corporate securities.

Companies 98

Companies Legal Tesla Corporation 98

Green Car Congress

AUGUST 16, 2023

The attending members of the Boards of Directors of both companies unanimously approved the proposed transaction. We are excited to merge with ElectraMeccanica and accelerate the growth of the combined company. of the combined company and Tevva shareholders will own 76.5% of the combined company on a fully diluted basis.

Commercial 352

Commercial Europe Electric Electrical 352

Green Car Congress

MARCH 5, 2020

Nikola Corporation, a designer and developer of BEV and FCEV Class 8 trucks is executing a reverse merger with VectoIQ Acquisition Corp. to create a company focused on the development of next generation smart transportation. VectoIQ Acquisition Corp. Kim Brady, currently the CFO at Nikola, will continue in that role post-close.

Hydrogen 397

Hydrogen Legal Corporation Fleet 397

Green Car Congress

SEPTEMBER 1, 2020

NYK Line, Toshiba Energy Systems & Solutions Corporation, Kawasaki Heavy Industries Ltd., The companies will target newly constructed domestic vessels in the entire vessel value chain (i.e., Role of each company. Project management, ship design and legal compliance. Toshiba Energy Systems & Solutions Corporation.

Commercial 399

Commercial Fuel Power Powered 399

Teslarati

SEPTEMBER 19, 2022

An electric jet startup company, Lilium, has partnered with software giant Palantir to introduce what they think is the future of mobility. Over the past ten years, there has been an explosion in the number of companies looking to offer personal electric aircraft to the masses. Shoot me an email at william@teslarati.com.

Companies 98

Companies Electric Electrical Personal 98

The Truth About Cars

JUNE 12, 2024

With corporate media finally aware of the perils of connected vehicles, we’ve seen a rash of articles exploring how insurance rates have spiked due to automakers sharing user data. The entire business model is predicated upon this, minus the fact that it became a legal requirement to drive in most states by 1970.

Companies 104

Companies New York IDEA Corporation 104

Green Car Congress

FEBRUARY 14, 2012

On 13 February ECD sold its majority owned subsidiary, Ovonic Battery Company, Inc. 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. Earlier post.) million in outstanding 3% Convertible Senior Notes due 2013.

Corporation 210

Corporation Conversion Companies Sale 210

Green Car Congress

SEPTEMBER 27, 2011

WiTricity Corporation (WiTricity), IHI Corporation (IHI) and Mitsubishi Motors Corporation (MMC) will join forces to research and develop easily deployable electric vehicle (EV) wireless charging systems readily compatible with electric grids.

Corporation 186

Corporation Mitsubishi Charging Motoring 186

The Truth About Cars

SEPTEMBER 14, 2023

Ford, Honda, and BMW have announced plans to create a new “vehicle-to-grid company” that’s aimed at standardizing vehicle charging via a singular platform. The company is still pending regulatory approvals, as we used to be concerned about corporate monopolies and are bound by tradition to pretend that still happens.

Honda 104

Honda BMW Companies Ford 104

Green Car Congress

MAY 19, 2022

Element 1 Corporation (e1NA), Zhejiang Methanol Hydrogen Technology (ZMHT) and Zhejiang Element 1 (e1China) have formed a joint venture company—Zhejiang Hydrogen One Energy Technology Co., e1China, an affiliate company of e1NA will have a 20% ownership interest in the JV. Element 1 L/M-Series Hydrogen Generator.

Hydrogen 418

Hydrogen China Legal Carbon 418

Green Car Congress

JULY 10, 2021

Less than one year after its launch, the French battery company Verkor has raised €100 million (US$119 million) in funding. Barber Hauler Capital Advisers, Santander Corporate & Investment Banking acted as financial advisors to the company, and De Gaulle and Fleurance & Associés as legal advisors.

Battery 321

Battery Batteries Legal Manufacturer 321

Green Car Congress

MARCH 7, 2016

Ford Motor Company is the only automaker named a 2016 World’s Most Ethical Company by Ethisphere Institute today; this marks the seventh consecutive year Ethisphere Institute has named Ford a World’s Most Ethical Company. Engine manufacturer Cummins, Inc. and Tier 1 supplier Delphi Automotive also made the 2016 list.

2016 150

2016 Ford Companies Legal 150

Green Car Congress

JUNE 29, 2019

has entered into a definitive agreement to acquire, through a wholly-owned subsidiary, all the issued and outstanding shares of fuel-cell systems provider Hydrogenics Corporation for US$15.00 per share in cash, other than shares already owned by The Hydrogen Company, representing an enterprise value of approximately $290 million.

Hydrogen 287

Hydrogen Fuel Canada Legal 287

The Truth About Cars

AUGUST 29, 2024

Companies have repeatedly rolled out new initiatives, only to have a group complain, leading them to pause whatever the initiative or product might be. The external and legal environment related to political and social issues continues to evolve.” Walking things back in the face of criticism has become a national pastime in America.

Ford 109

Ford Legal Personal Corporation 109

Teslarati

DECEMBER 27, 2023

Elon Musk’s AI startup, xAI, has been incorporated in Nevada as a benefit corporation. By doing so, the company would be able to prioritize societal and environmental impact in its operations. In xAI’s official website , the company noted that its work is aimed at accelerating “human scientific discovery.”

Nevada 144

Nevada Corporation Google Legal 144

Green Car Congress

OCTOBER 13, 2022

NTT DATA Corporation and DENSO Corporation have started to build an industry-wide ecosystem for electric vehicle (EV) batteries to create a global trusted dataspaces where only necessary data can be shared, while also protecting private data. The two companies were officially approved as business operators in September 2022.

Industrial 199

Industrial Industry Building Battery 199

Teslarati

MARCH 2, 2024

Elon Musk has responded to lawyers in the recent Delaware case regarding his Tesla compensation package, after the attorneys this week requested legal awards of 29 million Tesla shares — worth almost $6 billion. billion at the company’s current valuation (via Bloomberg ). Following the decision to void Musk’s $55.8

Delaware 141

Delaware Tesla Legal Tax 141

Green Car Congress

SEPTEMBER 17, 2022

Koch Minerals & Trading, LLC (KM&T), a diverse global trading, logistics and investment company and subsidiary of Koch Industries, Inc. Perella Weinberg Partners LP acted as sole financial advisor to Compass Minerals in the transaction and Cleary Gottlieb Steen & Hamilton LLP acted as the company’s legal advisor.

Utah 195

Utah Conversion Legal Commercial 195

Green Car Congress

AUGUST 12, 2023

Simandou, the world’s largest known undeveloped supply of high-grade, low-impurity iron ore, will strengthen Rio Tinto’s portfolio by complementing our existing Pilbara and Iron Ore Company of Canada products. Aerial view of Simandou project.

Guinea 195

Guinea Africa China Legal 195

The Truth About Cars

APRIL 16, 2024

GM CEO Mary Barra said the automaker would work with developers to find a use for the old buildings but also noted that the company was committed to the Detroit area, calling the new building a “new city landmark.” GM President Mark Reuss said the company hadn’t determined how many employees would move to the new location.

General Motors 104

General Motors Detroit Motoring Motor 104

Teslarati

FEBRUARY 26, 2024

Securities and Exchange Commission (SEC) has edited out some of its stricter emissions requirements from corporate climate risk rules. The disclosure requirement was included with the SEC’s initial draft of the corporate climate risk rules, which were published in March 2022. A spokesperson from the SEC noted that the U.S.

Climate 110

Climate Emissions Corporation Cheap 110

Green Car Congress

JANUARY 2, 2013

Rental car company Avis Budget Group, Inc. has agreed to acquire car-sharing company Zipcar for $12.25 The Boards of Directors of both companies unanimously approved the transaction, and Zipcar shareholders representing approximately 32% of the outstanding common stock have agreed to vote their shares in support of the transaction.

Companies 218

Companies 2012 Cars United States 218

Green Car Congress

DECEMBER 1, 2014

Düsseldorf, Germany-base E.ON, one of the world’s largest investor-owned power and gas companies, is adopting a new strategic direction under which is will split itself in two. will take necessary preparatory steps for the New Company’s public listing. About 40,000 employees will be assigned to the distinctly focused company.

Power 244

Power Powered Renewable Gas 244

The Truth About Cars

APRIL 16, 2024

Investors, in particular European ones, are becoming increasingly sensitive to social aspects of corporates [sic],” Charles Pinel, CEO of Proxinvest, told Bloomberg in a recent interview. While Tavares’ plans to further streamline the company haven't been particularly popular, this has been the trend for many large automakers of late.

Legal 113

Legal Italy Morocco Detroit 113

Baua Electric

JANUARY 17, 2024

The development, if true, has brought a further twist to the case just days after both companies announced receiving notices from antitrust regulator the Competition Commission of India (CCI) to present their respective arguments in the case, which involves Minda’s proposed acquisition of an additional 8.79% stake in Pricol.

India 73

India Corporation Legal Auto 73

Teslarati

MAY 29, 2024

As could be seen in Denholm’s letter , Texas is already the business home for Tesla, so it only makes sense to make the Lone Star state into the company’s legal home as well. We need to make it our legal home, too. As per the Board Chair, thousands of Tesla employees and some executives have also moved to Texas.

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Texas Delaware Tesla Legal 135

Teslarati

JUNE 12, 2024

With just over a day before Tesla’s 2024 Annual Stockholders’ Meeting, the company’s large investors are drawing a line in the sand. As per the agency, the reincorporation of Tesla to Texas is not in the best interests of shareholders because corporate case law is less mature in the Lone Star state.

Florida 131

Florida 2018 Texas Delaware 131

Green Car Congress

AUGUST 9, 2023

Almost two years after the launch of the initiative, the company is taking the next strategic step and publishing the FOSS Movement. In addition to the Open Source Office, employees from the vehicle development, corporate IT and legal departments, as well as Porsche Digital, were involved in the development of the FOSS Movement.

Porsche 150

Porsche Legal Financing Global 150

Innovation News Network

MARCH 2, 2023

In order to somewhat counteract the CO2 emissions they produce, various major corporations globally purchase what are known as carbon credits. Carbon credits legally enable companies to emit certain quantities of CO2 as […] The post Does planting trees generate sufficient carbon credits?

Carbon 52

Carbon CO2 Legal Corporation 52

Green Car Congress

JULY 10, 2022

It will be a self-standing legal entity, operating under its own corporate identity and based in Amsterdam, Netherlands. The JV intends to take a catalyzing role as a charge point operator (CPO) in the value-chain by installing and managing charging stations for heavy-duty trucks and coaches.

Volvo 150

Volvo Charging Europe Netherlands 150

Green Car Congress

JUNE 16, 2010

Alberta, Canada’s Climate Change and Emissions Management (CCMEC) Corporation is awarding more than C$37.5 Since 2007, Alberta companies that annually produce more than 100,000 tonnes of greenhouse gas emissions are legally required to reduce their greenhouse gas intensity by 12%. Enmax Corporation , C$14.5 million (US$1.76

Climate Change 236

Climate Change Corporation Renewable Climate 236

Baua Electric

MAY 28, 2024

Tesla incorporated in Delaware, like many other American companies, because the states has laws extremely favorable to corporations. The company is raffling a Gigafactory Texas tour with CEO Elon Musk and Chief Designer Franz von Holzhausen: Win a tour of the Tesla Gigafactory with Elon Musk and Franz von Holzhausen in Austin, Texas!

Legal 52

Legal Texas Delaware 2018 52

Green Car Congress

JULY 28, 2023

—Bruce Fleming, CEO Montana Renewables and EVP Corporate Development The planned hydraulic expansion and MaxSAF developments both continue as the company strategically seeks to grow its first-mover position in the rapidly accelerating SAF market. With these milestones met, we have demonstrated Untreated EBITDA of $1.25

Montana 150

Montana North America Renewable America 150

Green Car Congress

NOVEMBER 5, 2021

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas.

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Financing Ford Clean Cleaning 170