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The US-Mexico Transboundary Hydrocarbons Agreement, which establishes a framework for US offshore oil and gas companies and Mexico’s Petroleos Mexicanos (PEMEX) jointly to develop transboundary reservoirs ( earlier post ), was enacted today as part of the Bipartisan Budget Act ( H.J.Res.59 59 ) which President Obama signed into law.
This project is being funded by the German Federal Ministry of Economics and Climate Protection as part of its support for the battery cell manufacturing ecosystem with a total of up to €24.1 million (subject to the grant decision becoming legally valid).
The 121-foot vessel must now be surrendered to Nissan Motor Company. Ghosn, his wife, and a company they used to buy the ship were also ordered to pay $32 million in damages. The former Nissan and Renault executive’s legal troubles continue elsewhere as well.
Tesla China’s assertive stance against inaccurate reporting and false news continues, with the company recently taking legal action against a Model 3 owner who previously alleged that his vehicle experienced a “brake failure” incident. Such admissions have already been released in recent months.
Seven companies from the GET H2 initiative in Europe want to build a cross-border pipeline for green hydrogen. The companies want to push ahead with the development of a hydrogen economy. The companies are convinced that the draft passed by the Federal Cabinet at the beginning of February does not go far enough.
In parallel to the successful launch of DRIVE PILOT in Germany, Mercedes-Benz aims to obtain regulatory series approval for the two US states of California and Nevada by the end of the year, provided the legal situation permits the system operation. optical, ultrasonic, radio waves), thereby enabling safe transfer.
Every year, Netherland-based student company TU/ecomotive produces an electric car with a team of 21 BA students from the Eindhoven University of Technology, with the aim of showing the world that a hypothetical, sustainable car of the future can be a reality today. Luca is made of materials that are normally thrown away.
Elon Musk’s legal team threw some allegations against Twitter in a recent filing, with the Tesla CEO’s camp alleging that the social media company had ordered whistleblower Peiter “Mudge” Zatko, its former head of security, to destroy evidence as part of his severance package. Judge Kathaleen St.
In the coming months the current System Engineering business unit will be split commercially, operationally and legally into two independent business units. The aim is to create two independent companies with different product ranges. This will mainly affect company sites in Bremen, Lower Saxony and Saxony.
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.
This technology makes driving more relaxed in the kind of monotonous queuing that is a less attractive part of daily driving in urban areas. Slow-moving queues are part of urban commuting. But the legal situation for this technology still remains unclear. It offers you a safe, effortless drive in slow traffic. Earlier post.).
per share in cash, other than shares already owned by The Hydrogen Company, representing an enterprise value of approximately $290 million. As a part of the transaction, The Hydrogen Company, a wholly-owned subsidiary of L’Air Liquide, S.A., Cummins Inc. —Tom Linebarger, Chairman and CEO, Cummins Inc. Morgan Stanley & Co.
As part of its strategy of developing solutions to reduce CO 2 emissions, Valeo has acquired the Variable Torque Enhancement System (VTES) ( earlier post ) business of UK automotive technology development company Controlled Power Technologies (CPT). —CPT CEO Nick Pascoe“.
In the latest instance of an Amazon-related venture attempting to use regulations and legal routes to suppress competition , Amazon’s Project Kuiper satellite internet venture wants the FCC to dismiss SpaceX’s application for the next generation of Starlink satellites.
After a costly and time-consuming legal battle to secure the trademarks for its most powerful HyperScorpion and HyperScrambler 2 e-bikes, Juiced Bikes has decided to discontinue the current model lines. As part of that closeout, the company has put its existing inventory on closeout sale.
SunMirror AG, an exploration company specializing in mineral resources such as gold, lithium, cobalt and other metals and minerals powering future industries, through its wholly owned subsidiary SunMirror Luxembourg S.A., Latitude 66’s business focus is exploration and mine development with its business operations located in Finland.
The planned joint venture aims at realizing synergies in global procurement for existing parts as well as parts for new technologies. A corresponding framework agreement has already been signed, filing for antitrust clearance is the next step in the process aiming to establish the joint venture company in latter half of 2019.
The researchers also took into account data on company cars that had been provided by fleet managers. For company cars, the deviation is even four times the official values. For company cars, an average UF of 63% for NEDC and approximately 20% for real-world driving was found. —ICCT Director Dr. Peter Mock.
47.794 sec) with the road-legal TMG EV P001 car ( earlier post ), a record which still stands. That high-performance electric powertrain is the heart of the new TMG EV P002 car, which will compete at Pikes Peak as part of a project from Japanese company RK1 Inc. TMG EV P002 in testing at Paul Ricard Circuit in France.
federal and state authorities FCA maintains its position that the Company did not engage in any deliberate scheme to install defeat devices to cheat emissions tests. Each current and former owner and lessee of these vehicles will be eligible to receive a payment averaging $2,800 as part of the plaintiff steering committee settlement.
After the initial test, the three companies will evaluate whether to expand the collaboration to other stages of the production process therefore extending the use of hydrogen. The implementation of the project will be governed by separate agreements negotiated between the parties in compliance with the legal and regulatory framework.
Last year, Tesla activated its camera-based driver monitoring system in Model 3 and Model Y vehicles, allowing the company to provide an extra layer of checks to determine if drivers were paying attention to the road while using Autopilot and FSD features. Tesla’s legal team, for its part, is yet to issue a response to the complaint. .
Based on present knowledge, around 800,000 vehicles from the Volkswagen Group could be affected, the company said. This should lead to a reliable assessment of the legal, and the subsequent economic consequences of this not yet fully explained issue, Volkswagen said.
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. Tilo Hauke, EVP of Supply Chain in FREYR.
As part of a cross-industry initiative, the BMW Group, BASF SE, Samsung SDI and Samsung Electronics have launched a joint cobalt pilot project in the Democratic Republic of the Congo. If proven effective, these measures could then be scaled up to other legal artisanal mine sites and enhance systemic challenges in the longer run.
(Sila Nano) ( earlier post ) as part of Daimler’s research and development activities in support of electromobility. The investment forms part of Sila Nano’s $170-million Series E financing, which was led by Daimler. In this way, the company is securing itself the best possible technology.
In September, the carsharing company car2go, which is part of Daimler AG, crossed the two million customer mark. car2go members simply use the car2go app on their smartphone to unlock, drive and park their car2go in any legal parking space within that car2go location’s Home Area. Rhineland (83,000 customers).
Tesla CEO Elon Musk’s legal team has alleged that Twitter is hiding the names of workers calculating bot users. The workers would likely be serving as key witnesses to the companies’ court battle this October. Musk’s legal team has submitted a letter to Delaware Chancery Court Judge Kathaleen St. per share. . per share. .
The company will hold a live demo for the launch, which is likely to be hosted on X. In the past, Musk has teased on X that Grok 3 will add certain datasets to the model’s training set, including “all court cases,” which he says will “render extremely compelling legal verdicts.”
Respect and protection of human rights and of the environment, all the way from the mine to the finished product, are decisive in this respect, the company said. The further optimization of recyclability and its implementation at Mercedes-Benz is also part of the holistic battery strategy.
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’slegal advisor.
The California Air Resources Board announced that Ford Motor Company has agreed to fines totaling $2,960,000 for violations of air quality laws related to the sale of vehicles with non-compliant On-Board Diagnostic (OBD) systems in California. In addition to the $740,000 for the CPCFA, $2.22
In the future, when Japanese companies sell EVs, including battery electric vehicles (BEVs) and hybrid electric vehicles (HEVs), in the European market, they will be required to meet this regulation. The two companies were officially approved as business operators in September 2022.
As per recent reports, Tesla’s plans to set up a service center for electric car owners in the state gained traction on August 11 when officials from East Hartford unanimously approved the company’s application to build the facility. Unfortunately, Tesla’s approval from the commission promptly faced some legal scrutiny.
Keliber is a Finnish mining and battery chemical company that aims to start the sustainable production of battery-grade lithium hydroxide, utilizing its own ore, in 2024. The permit is not yet legally valid. Material efficiency, which is part of the circular economy, has been a part of our operations from the very beginning.
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.
As part of the close and long-term strategic cooperation, the Volkswagen Group is to invest approximately US$700 million in the Chinese manufacturer of intelligent electric cars. The recently founded Volkswagen Group China Technology Company (VCTC) is the development partner for XPENG.
Hydrogen is a crucial part of achieving the European Union’s Fit-for-55 plans, further reinforced by the recent REPowerEU proposal. Hy24’s legal advisors for the deal were EY and Bird & Bird. H2 MOBILITY Deutschland is leading the way in developing the necessary European infrastructure for low-carbon intensive, and heavy mobility.
It connects independent power producers, consumers, utility companies and energy communities in a locally shared market where each peer is free to interact in a multi-tenant ecosystem. The Foundation says that several European energy companies have shown an interest. The PROSUME token launch.
It not only maintains the same high-octane rating required by the DTM, but also meets the requirements of the legal fuel norm, DIN EN 228. The company is working independently on projects for the production of e-gas, e-diesel and e-gasoline. Obviously, electric mobility plays a major role in this context. earlier post ).
If NHTSA determines, based on the hearing and other evidence, that the company has failed its legal obligations under the Motor Vehicle Safetsy Act, the agency could order actions designed to improve the company’s performance, including the buy-back or replacement of affected vehicles. It is not enough to identify defects.
Elon Musk’s deal with Twitter, which was agreed upon on April 25 for $44 billion, is not on hold and will move forward, company executives told employees on Thursday. However, Twitter executives are having no part of Musk’s controversy. This deal cannot move forward until he does.”
While you cant legally change your headlights to certain colors, there are still plenty of ways to add a unique glow to your car. Just make sure it stays within legal limits. Personalized Charging Setup Style Beyond the Car Your charging station is part of your EV experience, so why not make it personal too? The best part?
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