Remove Companies Remove Corporation Remove Parts
article thumbnail

Daimler to split into two pure-play companies: cars & vans, trucks & buses

Green Car Congress

Daimler plans a fundamental change in its structure, splitting into two independent pure-play companies: Mercedes-Benz Cars & Vans, and Daimler Truck, which will be a spin-off the current Truck and Bus business. It represents the start of a profound reshaping of the company. This is a historic moment for Daimler.

Companies 497
article thumbnail

Toshiba splitting into three companies; first such spin-off scheme for a Japanese company of this size

Green Car Congress

Toshiba Corporation intends to split itself into three standalone companies: Infrastructure Service Co. Toshiba , holding its shares in Kioxia Holdings Corporation (KHC) and Toshiba Tec Corporation. Toshiba , holding its shares in Kioxia Holdings Corporation (KHC) and Toshiba Tec Corporation.

Companies 321
article thumbnail

Mazda develops first cold-stamped parts using 1,310 MPa-class high-strength steel; to be applied across the lineup starting with Mazda3

Green Car Congress

Mazda Motor Corporation, working separately with Nippon Steel & Sumitomo Metal Corporation and JFE Steel Corporation, has developed the world’s first cold-stamped vehicle body parts made from 1,310 MPa-class high-strength steel. Parts using 1,310 MPa-class high-strength steel.

Mazda 321
article thumbnail

Motherson Group collaborating with UBQ to bring carbon-negative thermoplastics into auto parts

Green Car Congress

Global automotive Tier 1 manufacturer Motherson Group is collaborating with Israeli cleantech company UBQ Materials. The companies are joining efforts to implement the carbon-negative UBQ thermoplastic ( earlier post ) into auto parts manufactured by Motherson Group for the automotive industry. Polymers typically emit 1.9

Parts 362
article thumbnail

BYD, Toyota to establish joint company for battery-electric vehicle research and development

Green Car Congress

BYD Company Ltd. and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). Additionally, BYD and Toyota plan to staff the new company by transferring engineers and the jobs currently involved in related R&D from their respective companies.

BYD 283
article thumbnail

Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company

Green Car Congress

billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” and operate as The Metals Company upon closing. billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” DeepGreen Metals Inc., Transaction overview.

Companies 418
article thumbnail

DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

Green Car Congress

American Battery Technology Company , Large-Scale Demonstration of Domestic Manufacturing of Low-Cost and Low- Environmental Impact Battery-Grade Lithium Hydroxide from Unconventional Domestic Sedimentary Resources, $57,744,831.

Parts 459