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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

Although the Company’s intent is to improve its operating efficiencies and to obtain additional financing, there is no assurance that the Company will be able to obtain such financing on favorable terms, if at all, or to successfully further reduce costs in such a way that would continue to allow the Company to operate its business.

Grant 299
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

Financing 150
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Liquid Metal Battery Corp secures patent rights from MIT

Green Car Congress

Earlier this year, the company announced it had received financing from France’s Total—which earlier had funded research on the technology at MIT ( earlier post )—and from a personal investment by Bill Gates. Patents for all liquid metal battery inventions were licensed from MIT.

MIT 210
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Daimler invests in the start-up Anagog; smartphone-based behavior analysis with no need for backend server

Green Car Congress

Daimler has participated in a financing round together with MizMaa Ventures, a venture capital company located in California. A significant advantage of the Anagog development JedAI SDK here is the high data and privacy protection which grants the users full control over their data, as no data transfer to a backend server is required.

Mercedes 199
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BorgWarner to invest $500M in Wolfspeed, securing up to $650M in annual capacity for SiC devices

Green Car Congress

billion financing transaction in exchange for a silicon carbide device capacity corridor. Wolfspeed and BorgWarner announced a strategic partnership that calls for BorgWarner to invest $500 million in Wolfspeed’s new $1.3-billion

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Mercedes-Benz previews its in-house developed operating system MB.OS

Green Car Congress

While Mercedes-Benz defines and controls the architecture with its own hardware and software base layer, the integration of leading technology players grants customers access to best-in-class services, content and functions.

Mercedes 225
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PEUGEOT charges ahead with revised pricing and finance offers for PEUGEOT e-2008 and e-208

Drive EV

With revised pricing for all e-2008 models and enhanced deposit contributions for the e-208 range, Peugoet is latest manufacturer to respond to the recent overhaul of the UK Government’s Plug-in Car Grant. The grant has been reduced to £2,500 and is now only available on new electric vehicles costing less than £35,000.

2008 52