article thumbnail

Carlos Ghosn's Superyacht To Be Seized As Part of Legal Ruling

The Truth About Cars

Several years after the disgraced auto exec fled to Lebanon, the British Virgin Islands High Court ruled that he must surrender a superyacht allegedly purchased using funds he siphoned away from the automaker. Carlos Ghosn The Carlos Ghosn saga kicked off several years ago now, but the case is far from being settled.

Legal 104
article thumbnail

ECOtality installs first DC fast charger in Tennessee

Green Car Congress

ECOtality and Cracker Barrel Old Country Store unveiled the first Blink Direct Current (DC) Fast Charger in Tennessee at the Lebanon Cracker Barrel location. This is the first of 12 Cracker Barrel locations statewide that will install DC Fast Chargers as a part of The EV Project.

Tennessee 170
article thumbnail

US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

Green Car Congress

They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. million-bbl/d Tapline to Lebanon. Chokepoints are narrow channels along widely used global sea routes, some so narrow that restrictions are placed on the size of vessel that can navigate through them. —US EIA.

Oil 297
article thumbnail

How Tesla stock and a PPP loan landed a man four years in jail

Teslarati

The Lebanon, Oregon resident Lloyd’s gains from the surging stock disappeared after federal investigators put two and two together, realizing his investments were funded by illegally-obtained PPP loans, which were used to keep small businesses alive as a part of the Coronavirus Aid, Relief, and Economic Security (CARES) act.

Lebanon 145
article thumbnail

Biden: U.S. electric car charging pile factory will have a “ripple effect”

Setec Powerr

The factory, located in Lebanon, east of Nashville, Tennessee, is expected to produce as many as 30,000 electric vehicle chargers a year and create 500 jobs, the White House said. Tritium listed on Nasdaq in January and plans to move some executive jobs to the United States as part of its expanding focus.

article thumbnail

Sentences tossed for three who helped Ghosn departure

Baua Electric

A Turkish courtroom acquitted 3 nation over former Nissan boss Carlos Ghosn’s departure by the use of Istanbul to Lebanon later absconding Japan, a legal professional for one of the vital defendants mentioned. He denied the fee and mentioned his detention used to be a part of a plot via Nissan executives to cancel a merger.

Lebanon 52
article thumbnail

Turkish courtroom acquits 3 population in retrial over Ghosn resignation, document says

Baua Electric

ISTANBUL — A Turkish courtroom acquitted 3 population over former Nissan boss Carlos Ghosn’s resignation by the use of Istanbul to Lebanon later absconding Japan, a legal professional for some of the defendants stated.

Lebanon 52