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Mercedes-Benz receives world’s first internationally valid system approval for Level 3 conditionally automated driving

Green Car Congress

Mercedes-Benz is the first automotive company to meet the demanding legal requirements of UN-R157 for a Level 3 system for conditionally automated driving. The German Federal Motor Transport Authority (KBA) has granted system approval for this on the basis of the technical approval regulation UN-R157 (UN Regulation No.

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WHYY reports Philadelphia’s Proterra electric bus fleet sidelined due to cracked chassis and other defects

Green Car Congress

In a March 2021 email, SEPTA General Manager Leslie Richards said she planned to tell Federal Transit Administration officials, who helped underwrite the initial purchase of Proterra buses with a $2.6 million federal grant, that she had doubts about “the future of electric vehicle procurement.”. “I

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit. Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations.

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Toyota agrees to fund a settlement valued up to $1.4 billion for unintended acceleration cases

Green Car Congress

The amount consumers receive depends on the model and year of their Toyota, and the state in which the car was purchased. The agreement also provides $30 million in education grants to independent academic institutions to further the study of auto safety and to enhance driver education. In a statement , Christopher P.

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A123 Systems receives interim court approval of $50M DIP financing from Wanxiang; responds to objections from Wanxiang, Fisker and others on asset sales process

Green Car Congress

announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has granted A123 interim approval to use $50 million of Debtor-in-Possession (DIP) financing, which is being provided by Wanxiang Group Corporation (Wanxiang). Li-ion maker A123 Systems, Inc. Earlier post.). Earlier post , earlier post.)

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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Core Lithium and Tesla enter into binding term sheet for the supply of lithium

Green Car Congress

Australia-based Core Lithium has entered into a legally binding Term Sheet with Tesla for the supply of up to 110,000 tonnes of Li 2 O spodumene concentrate from the Finniss Lithium Project over a term of 4 years, with pricing referenced to the market price for spodumene concentrate, subject to a price floor and ceiling.

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