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WiTricity Corporation, IHI Corporation, and Mitsubishi Motors Corporation partner to develop easily deployable wireless charging systems for PEVs

Green Car Congress

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.

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Volkswagen bringing new board member for Integrity and Legal Affairs over from Daimler

Green Car Congress

Christine Hohmann-Dennhardt, currently Member of the Board of Management of Daimler AG for Integrity and Legal Affairs, will move to Volkswagen AG in 2016 as Board Member for Integrity and Legal Affairs. She will join the Volkswagen Group as of 1 January 2016 as the Board Member for Integrity and Legal Affairs.

Legal 150
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Nikola executes reverse merger with VectoIQ; now to be listed on NASDAQ; BEV and FCEV trucks

Green Car Congress

Nikola Corporation, a designer and developer of BEV and FCEV Class 8 trucks is executing a reverse merger with VectoIQ Acquisition Corp. Upon the closing of the transaction, the combined company will be named Nikola Corporation and is expected to remain NASDAQ-listed under the new ticker symbol “NKLA.”. VectoIQ Acquisition Corp.

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Daimler AG Board approves Project Future corporate restructure; goes to shareholders in 2019

Green Car Congress

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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Japanese demonstration project begins for commercialization of vessels equipped with high-power fuel cells

Green Car Congress

NYK Line, Toshiba Energy Systems & Solutions Corporation, Kawasaki Heavy Industries Ltd., Project management, ship design and legal compliance. Toshiba Energy Systems & Solutions Corporation. ENEOS Corporation. Implementation of high-power FC system on vessels and development of operation technology.

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Tesla is building a new in-house, full-scale legal team

Teslarati

Tesla is taking an interesting approach with its Legal Department by building a “full-scale internal litigation and trial team,” according to General Counsel and Corporate Secretary for the automaker, Brandon Ehrhart. It is an interesting approach to the legal side of things.

Legal 136
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Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation

Green Car Congress

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. Ovonyx is a joint venture with its co-founder Tyler Lowrey and its shareholders include Intel Corporation. Earlier post.) Chapter 7 for SIT.