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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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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 holds the patents in, and is pursuing the commercialization of, phase-change random access memory (PCM or PRAM), also known as Ovonic Universal Memory (OUM).

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Honda begins joint research with Boston University in information security for AI; secure MPC

Green Car Congress

Honda Research Institute (HRI), a Honda R&D subsidiary, and Boston University have agreed to begin joint research in the area of data security and privacy for artificial intelligence (AI) research. A first research project will investigate data privacy control using a technology called secure multi-party computation (MPC).

Boston 150
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Bank of America joins Stanford’s Global Climate & Energy Project

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Bank of America’s member on the GCEP management committee will be James Mahoney, the bank’s corporate communications and public policy executive. GCEP, founded 11 years ago, supports research not only at Stanford, but also at universities around the world. All of humankind needs energy that is reliable, cleaner and more affordable.

Climate 218
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Chrysler launches the 2011 GEM line

Green Car Congress

With a top speed of 25 mph (40 km/h) and a range of up to 30 miles (48 km) on a charge, GEM electric vehicles are designed for short-distance transportation and are driven on medical and corporate campuses, universities, military bases, resorts, sports stadiums, gated communities and residential streets.

Chrysler 210
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Polaris to buy Global Electric Motorcars LLC (GEM) from Chrysler

Green Car Congress

GEM cars are used by local, state and national government agencies, resorts, master-planned communities, universities, medical and corporate campuses, as well as by sports teams, taxi-shuttle services and individual consumers. The six GEM passenger and utility models are legal on most streets with posted speeds of 35 mph or less.

Chrysler 236
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Avis Budget group to acquire car-sharing company Zipcar in cash deal for approximately $500 million

Green Car Congress

Zipcar now has more than 760,000 members (“Zipsters”), with a market-leading presence in 20 major metropolitan areas in the United States, Canada and Europe, and fleet positioned at more than 300 college and university campuses. Morgan Stanley is acting as financial advisor, and Latham & Watkins LLP is acting as legal counsel, to Zipcar.

Companies 218